ISI bankruptcy official uncovers €3m in hidden assets in 2023

Insolvency Service of Ireland report shows 72 people were adjudicated bankrupt last year, down sharply on the 2022 figure of 105 people

The circa €3m realised from ‘hidden assets’ last year is half the €6m total from 2022.

Investigations by the official assignee (OA) in Insolvency Service of Ireland (ISI) overseeing bankruptcies last year uncovered €3m in ‘hidden assets’.

That is according to the 2023 ISI annual report, which shows that 72 people were adjudicated bankrupt last year, down sharply on the 105 people adjudicated bankrupt in 2022.