PPRuNe Forums - View Single Post - Do you own a Hydra Village villa (Abu Dhabi)?
Old 15th Feb 2009, 19:30
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disconnected
 
Join Date: Mar 2004
Location: UK
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Yes - What a mess.

Seems prices put up citing an area increase. Go online to their new website and download the brochure. Same areas as original plan.

Banks seem to be withholding payments pending genuine progress. Not much has happened

Customers refusing to sign contracts as they appear to be a licence to rob customers indiscriminately in the future.

Investors demanding their money back and engaging lawyers.

Hydra is spending all their customers cash on TV shows and football events but little on their projects. Who has cash for this in these times?

And to top it all the CEO has been elected to some "Advisory Committee" of the US based Benedictine College. Remarkable.

More smoke and mirrors....
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