A BUSINESSMAN who was once named in the Sunday Times Rich List has been declared bankrupt.
Thomas Coakley, once estimated to be worth £70 million, has been placed in sequestration after failing to pay Luxembourg-based firm Hadrian SARL.
The 50-year-old, who operates a commercial and residential property business, is also being pursued by Scots heating company Mmaxx Underfloor Heating Ltd over an alleged six-figure debt for work at his £1.5m home in Lochwinnoch, Renfrewshire.
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