CHC assets probe ongoing

Nearly three years after investigations into what happened in the collapse of Custom House Capital (CHC), it is still unclear as to what assets the company owns.

In response to a parliamentary question from Fine Gael’s Eoghan Murphy, the minister for finance said it was still working to figure out to whom certain assets, such as properties abroad, belong.

Minister Micheal Noonan said the investigation into the ownership and liquidation of assets was complicated by the company’s deception and legislation surrounding pension holdings.