Mountbellew Mart reopens following recent suspension

Buyers and sellers were back in attendance at Mountbellew Mart last Saturday after a temporary suspension of the mart’s licence was lifted on Thursday, February 16th.

The licence had been suspended after the Property Services Regulatorty Authority (PSRA) launched legal proceedings after it was discovered there was a deficit at the mart due to historical debt.

The mart released the following statement this week: “The temporary suspension of the mart’s licence was lifted on Thursday last (February 16th). The temporary suspension related to an ongoing deficit due to an historical bad debt incurred over a decade ago as a result of two major defaulters.

“The mart committee would like to express their appreciating to our local representative Michael Fitzmaurice TD, whose work on behalf of Mountbellew Mart was pivotal to ensuring that the mart returned to trading last Saturday.

“The mart committee would like to thank the local business community of Mountbellew and the many customers of the mart for their support, ensuring that the mart returned to trading last Saturday after a two-week break”.