International recruitment agency Hays initiated the official closing of real estate development company, engaged in the construction of the resort worth ˆ 100 million. Cape Verde. On the basis of the statement of claim from Hays Agency judicial authorities instructed the company to liquidate the company KMPG Flash Developments, owned by Irish businessman Cyrene Maguire (Ciaran Maguire). Flash Developments planned to be built on the west coast of Africa, Palm View Resort Spa, and more than 200 British and Irish investors have already purchased property there. According to the statement Maguire, all monies received from customers were transferred to the new company its Ciaran Maguire Group and are safe. According to Maguire, the company has already sold 63% of the first 400 apartments, and although behind schedule, the project will be completed next year. Meanwhile, some investors demanded a return on investment, and others collect for this purpose an initiative group. These actions caused a 16-month postponement of the start of the project. Maguire sees the cause of the unfortunate delays in major losses suffered by the company in carrying out its debt obligations to the now-defunct British company Exchange Insurance. On this Site www.thepost.ie
The developer of the resort on Cape Verde is under threat of liquidation
08.06.2010
Homesoverseas.ru editorial office
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