The Four Seasons Resort project seems to have hit another snag.
British newspaper The Times reported yesterday that two billionaire investors, music titan Lucian Grainge and oil mogul Aidan Heavey, have filed court action locally against the developers, Paradise Beach Limited, demanding their money back.
The Times has also stated that three other celebrities, including Simon Cowell, the producer of the international music competition The X-Factor, could also be in danger of losing their deposit investments of over BDS$90 million each.
“Both Mr Grainge – dubbed the “killer shark” after engineering last year’s surprise £1.2 billion (BDS$3.7 billion) takeover of EMI’s recorded music business – and Mr Heavey have separately filed claims in a Barbados court demanding that their deposits are returned,” the newspaper said.
Read the full story in today’s SUNDAY SUN.