Shafin Developments, the property company the brothers established together, went bust in 2012.
The singer, faced with a bill of 23m, was declared bankrupt. His brother Finbarr has revealed he was declared bankrupt last Monday to the tune of 15 million.
In a column in the Sunday Business Post, the Sligo businessman, who is chair of the Sligo Business Improvement District, said guilt, fear and denial plagued him in the wake of his brothers bankruptcy.
He said he cried in his car after he waved goodbye to Shane at the airport around Christmastime in 2012.
He wrote: When it came, the drop was bleak and life-changing. The worst day for me was spent packing up Shanes family house and driving him to the plane in Knock. He was o…
Read the full article at: https://www.independent.ie/business/personal-finance/property-mortgages/it-was-bleak-and-life-changing-finbarr-filan-on-bankruptcy-guilt-and-his-westlife-brother-shane-36311819.html
