Taxpayer to foot €1.2m bill for failed Joe Walsh Tours
A percentage of customer refunds for Joe Walsh Tours, which ceased trading last month, and six other agents will be covered by the state
The liquidation of Joe Walsh Tours will leave the Irish taxpayer liable for €1.2 million, the Business Post understands.
The company, which ceased trading last month after 60 years in business, owed more than €5 million in refunds to customers who had placed deposits on package holidays.
An insurance bond will cover €2.4 million of this, while the Total Payment Protection (TOPP) scheme in Britain will cover about €1.4 million owed to customers who had ...