Provisional liquidator concerned over deficit in client monies of security cash-in-transit business

The provisional liquidator of private security firm Business Mobile Security Services Ltd (BMSS) has told the High Court that he is concerned that the company's client account may have a deficit of up to €1.7m.

The provisional liquidator of a private security firm has told the High Court that he is concerned that the company's client account may have a deficit of up to €1.7m.

Last month experienced insolvency practitioner Mr Joe Walsh of JW Accountants was appointed as provisional liquidator of Business Mobile Security Services Ltd (BMSS), the holding company of Senaca by Mr Justice Senan Allen.