Jackson Way bids to secure €47m payout

A DISSOLVED British-based property company accused of planning corruption at the Flood Tribunal has applied to be reinstated in order to receive a potential €47m payout from the Irish authorities.

The owners of Jackson Way Properties have recently sought to have it re-entered on the British Companies Register to prevent a large compensation award the company is due being handed over to the British taxpayer.

Jackson Way was struck off by the British Companies Office last January over its failure to file annual accounts on time.