Recriminations and questions as collapses

Recriminations and questions as collapses View Gallery
Umar Anwar and Shane O’Neill of Cantec Office Solutions Pic: Maura Hickey

The electronics firm was ‘a victim of its own success’, according to the former property mogul Ray Norton. Róisín Burke reports

A former property mogul whose failed firm owed millions and a convicted money launderer from Dubai have emerged as being centrally involved in, the electronics company that collapsed into liquidation.

Ray Norton co-founded Larionovo, a property company that went under owing Irish investors millions. Asif Habib was sentenced to three years and four months in prison, and disqualified as a director for eight years, having been convicted of “conspiracy to launder” in relation...

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