Developer speaking after being appointed Vietnam’s honorary consul in Ireland
Mr McKillen’s claim is linked to the value of the Maybourne Hotel Group, on which the two sides disagree. “I am not allowed to say how much they owe me. But the Financial Times has estimated the hotels as being worth €5 billion. Of which, after costs, I am entitled to 36 per cent,” he said. “I have created 64 per cent for my two partners. They don’t see that as a reason to pay me. So I am very upset and annoyed, as you can imagine.
“Their tactic of criticising me gets away from the point that the hotels are packed, their quality is exceptional, and we did [the refurbishments] under budget and ahead of programme. The fact is they just don’t want to pay me.”Asked to respond, Charlotte Alexander-Stace, communications director of the Maybourne Group, said: “We have no comment to make on this.”
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