Custom House Capital investor compensation claims will take years

The process of compensating investors who lost money from the 2011 collapse of investment firm Custom House Capital may not be complete for a number of years, the Investor Compensation Company (ICCL) has warned.

In its latest annual report, the ICCL said only 574 out of nearly 2,000 claims for compensation in the case have been certified for payment, with a combined €7.4m being paid back to investors.