The figure includes a €28.8 million refund from the Revenue Commissioners of corporate tax paid by the company on fictitious profits recorded before the implosion. The liquidator, Ken Fennell of Interpath Advisory, started pursuing a possible corporation tax refund shortly after they were appointed to Dublin-based Wirecard UK & Ireland Ltd in October 2020. The Revenue refund was contained in a previous filing but had not previously been reported. However, in 2012 Wirecard in Germany told the Irish unit it would receive a share of the third-party acquiring revenues generated from the merchant business. The insolvency processes for both Wirecard and the Irish unit are in their final phases, with the Irish liquidator estimating in his latest filing that his work would be completed within 12 months.

Source: The Irish Times January 30, 2026 14:00 UTC