5 Minute News

Re-establishment of Blue Ocean and Legal Actions Against Former Officials

June 16, 2025

A significant development has occurred regarding Blue Ocean, which owes €14 million to the state in VAT. A court order has allowed the company's re-establishment, and there is an intention to pursue legal actions against former officials. The prosecutions will target those involved in the company's management from 2005 to 2010. The state expects to recover the debt based on previous judicial decisions.