Growing number of EU nationals filing for bankruptcy here due to Ireland’s more lenient regime

Germany-based Mohsan Holzinger (35) was declared bankrupt by the High Court in Dublin with debts of over €27m. Composite image

Germany-based Mohsan Holzinger (35) was declared bankrupt by the High Court in Dublin with debts of over €27m. Composite image

A foreign national declared bankrupt by the High Court with debts of €27.2m is under criminal investigation in his native Germany over his tax affairs.

In an affidavit filed with the court, Mohsan Holzinger (35) disclosed the existence of the investigation, which relates to potential Vat liabilities.