A Chinese businessman who claims he is the true owner of the Fota Island Resort in Cork is not entitled to redact bank statements aimed at showing how he paid for the business, the High Court has ruled. Yuzhu Kang, a 58-year-old from Hebei province in north-eastern China, is suing his business associates in Ireland alleging they defrauded him out of his shares in the five star hotel and other assets when they secretly siphoned off to a Hong Kong firm Allied Express International in 2016, putting them beyond his control. Wang claims this was done through the improper use…
Cancel at any time. Are you already a member? Log in here.
Want to continue reading?
Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €50.