Bertree and the Alpine exploit
IRISH people just love a Bertie story. So you can imagine Punt's intrigue when we discovered that a company connected to Mr Ahern has had a bankruptcy action against it cancelled in Switzerland. Helvetia Wealth said it was granted a suspension last week, ending bankruptcy proceedings against it.
The wealth management company is headquartered in Zurich and has offices in Liechtenstein, Berlin, London and -- Kilkenny. It is also one half of the joint venture behind the International Forestry Fund, whose chairman is Mr "Bertree" Ahern.
Chief executive Kamil Stender said its board and management were "currently working on urgent measures to turn around the situation".
The Bertie-watch continues.