'The more I hear about how the system was run, the more it sounds like a pyramid scheme'

Fianna Fáil TD Tony McCormack questioned whether there was 'fraud or serious mismanagement' ahead of the company's collapse, stating franchise operators were asked to submit to lie detector tests

The ripple from the collapse of delivery firm Fastway continues to be felt. Fastway handled 25m parcels annually. File Picture: Sam Boal/Collins Photos

Franchise operators within the Fastway courier group were asked to submit to lie detector tests and the way the operation was run was "like something out of a Netflix documentary", the Dáil has heard.

Nuvion Group, the parent company of Fastway and Parcel Direct, went into receivership last week. Some 300 workers have been directly affected, and close to 700 subcontractors and franchise delivery workers were left in limbo.