Payday lender Wonga shuts Irish outlets

The company had net liabilities of €59.1 million at the end of 2014

4th December, 2016

Wonga, the controversial payday lender, has pulled down the shutters on two Irish subsidiaries.

A liquidator has been appointed to Wonga Technology and Wonga Decisions, two Irish incorporated companies.

Documents recently filed with the Companies Registration Office indicate that the decision to liquidate the two companies was made in recent weeks. Ian Lawlor, managing partner with chartered accountancy firm JPA Benson Lawlor, a Dublin-based accountancy firm, was installed as liquidator of both firms on November 15.

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