Swan Fruit Limited, a fruit and vegetable wholesaler based in Carlow, was placed into voluntary liquidation in 2014 after accumulating debts of more than €2 million. The company, which previously reported a substantial turnover of €40 million, has now been under investigation by the Garda National Economic Crime Bureau (GNECB) for over a decade, reflecting ongoing concerns about its financial practices and dealings during its operational period. The situation underscores issues within the industry and raises questions about corporate governance.
The investigation by the Garda National Economic Crime Bureau focuses on Swan Fruit Limited, a Carlow-based business that faced liquidation after failing to meet its financial obligations.
Swan Fruit Limited was once a thriving company with a significant turnover of €40 million, illustrating a stark contrast to its current situation of being in liquidation after accruing debts exceeding €2 million.
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