Bankruptcy investigation into Tony O’Reilly’s art collection

O’Reilly was declared bankrupt by the Supreme Court in the Bahamas in 2015

Barry J Whyte

Chief Feature Writer @whytebarry
26th March, 2017
Tony O’Reilly founded Providence Resources: his remaining shares in the firm are to be transferred to the bankruptcy trustee Picture: Getty

The former tycoon Tony O’Reilly is to see his last remaining shares in the oil exploration company he founded 20 years ago sold off as part of a bankruptcy process against him in the Bahamas.

O’Reilly notified the stock exchange in November 2015 that his holding in Providence had fallen below the level at which he would have to disclose it to the markets.

This month, according to an an update to his...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Susan O’Keeffe: We must put women’s healthcare out of reach of the Church for good

Health Susan O'Keeffe 3 hours ago

Neale Richmond: What happens in the North will affect all of us

Analysis: O’Brien needs to act to make sure Mullen Park does not happen again and again

Ireland should hold steady in the corporation tax debate

Economics Brian Keegan 4 days ago