Business Irish

Sunday 21 January 2018

Collector General to seek winding up of Ice Communications

Laura Noonan

THE taxman is trying to wind up the broadband company that was set up by the daughter of former FAI boss Fran Rooney.

The Collector General will ask the High Court to hear the petition against Yvonne Rooney's Ice Communications on April 12.

The company, which trades as Ice Broadband, was set up in 2003 and claims to be a "leading supplier of wireless broadband within the Irish marketplace".

Ms Rooney yesterday failed to respond to repeated queries on the petition, while staff at Ice Communications said they "couldn't comment". A spokesman for the Revenue Commissioners also declined to comment.

The Collector General typically pursues winding-up petitions against companies that fail to pay their tax bills and has repeatedly insisted that court actions are only taken as a "last resort".

The most recent accounts filed by Ice Communications show losses of €3.8m had been racked up by the end of 2007. The company's bank borrowings were covered by a letter of guarantee from Fran Rooney.

Separate Companies Office documents show Danske Bank registered a charge against Ice Communications in November 2008, while Bank of Ireland registered six separate charges in 2007.

Irish Independent

Promoted Links

Business Newsletter

Read the leading stories from the world of Business.

Promoted Links

Also in Business