The joint liquidators of an investment vehicle used to channel tens of millions of euro into the collapsed German Property Group (GRG), formerly known as Dolphin Trust, are taking advice on “potential legal proceedings” against various parties. Joint liquidators Shane McCarthy and Ian Barrett, who are accountants with KPMG, have issued a detailed update to more than 1,000 pension investors who cumulatively put €65.8 million into Dolphin MUT 116 Ltd, a company used to invest in GRG. “It is our opinion that there were significant deficiencies in either the advice the company received from its professional advisors or in the…

Join The Currency

INTRODUCTORY OFFER: Full annual membership for just €200.

Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators.

Members of The Currency get full access to over 4,000 exclusive interviews, investigations, and analysis, plus over 460 podcasts.

Annual membership is just €200 for the first year, a saving of €100.

Or try The Currency for the first month for a special introductory rate of €5, a saving of €20.

Cancel at any time.

To become a member today click here.