Greenfield Trading to Meet Dubai Action Group

A report in the Sunday Business Post of October 28th 2012 says that a Russian company, Greenfield Trading, is to meet a group of Irish investors in Dubai, represented by the Dubai Action Group, who purchased property through Ennis based Larionovo, which went into liquidation in 2008.

The Russian group paid $70m for a waterside plot in Dubai’s Sports City development but later found out that there was a mosque on the land and it thus couldn’t be developed. The Dubai authorities say the case is closed, but the Russian group claims it has received no refund.

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