After a colourful legal struggle involving clandestine recordings, claims of fraud and abused trust, last February Chinese businessman Yuzhu Kang was reinstated as the owner of the five-star Fota Island Resort in Co Cork. The 61-year-old from Hebei province had launched a lawsuit in the Commercial Court in 2020 claiming he had been conned out of his shares in Fota and other assets, cumulatively valued at around €70 million, by business associates he had trusted to run his affairs in Ireland.  The defendants Xiu Xiang (aka Julie) Kelly and her son Tuo Du denied the allegations and claimed they were…

Want to continue reading?

Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €50.

Subscribe

Cancel at any time.

Are you already a member? .