The Times article says "Twenty-eight Irish couples who invested millions in a Turkish apartments development have been granted High Court permission to issue and serve claims for their money back on the developers." It goes on to say that the couples have "obtained an injunction in the Dutch courts freezing €4,329,000 they had paid into investment funds in the Netherlands."
According to the piece: "Irish, British and other investors paid more than €30 million in 2005 for apartments in Bodrum which were supposed to have been built and completed by the end of 2006."
It also says: "Yesterday's proceedings were launched against the Turkish company, Euro Holding AS, which, Mr Beatty said, claimed to own the property where 188 apartments were to be developed in a new five-star resort of 1,000 units. He said it now transpired they did not own the property."
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