Home Payments goes into liquidation

LIQUIDATORS have taken control of the assets, records and bank accounts of Home Payments.

Yesterday at the High Court, Mr Justice Garret Sheehan said he was satisfied to approve Eamonn Richardson of KPMG and Eamon Leahy of Leahy and Company as joint provisional liquidators because the firm was insolvent and unable to pay its debts.

Members of Home Payments said it was in the best interests of customers and creditors that the firm is wound up.