The liquidator of an Irish investment vehicle used to funnel money into the collapsed German Property Group (GPG), formerly known as Dolphin Trust, has updated representatives of investors on the progress of his activities. Myles Kirby, a partner with the accountancy firm Kirby Healy, has written to members of the committee of inspection of creditors of MUT 103 Ltd, one of the main vehicles used to put money into GPG, which has been described in the German courts as an international “Ponzi” scheme. A copy of his update, seen by The Currency, told investors: “I am pleased to advise that…

Want to read the full story?

Unlock this article – and everything else on The Currency – with an annual membership and receive a free Samsonite Upscape suitcase, retailing at €235, delivered to your door.

Subscribe

Cancel at any time.

Are you already a member? .