Liquidator gets €2m from Ispat closure
The liquidator of the defunct Ispat factory in Cork has claimed fees of almost €2 million from the firm over the past three years.
The liquidator of the defunct Ispat factory in Cork has claimed fees of almost €2 million from the firm over the past three years.
Ray Jackson of KPMG was appointed liquidator in June 2001 after the factory collapsed with debts of more than €57 million.
Jackson received fees of more than €1.5 million for the first two years of the liquidation.He then claimed a further €400,000 for the year ending June 27, 2004, ...
