Dean Metropoulos

Greek-American expatriate billionaire businessman and investor Dean Metropoulos has denied any involvement in the acquisition of a 32-million-euro, 44-hectare property in Kassiopi, Corfu.

"I can assure you that [the claim] is completely unfounded," he said in a letter to Kathimerini following a report published in the newspaper last week.

Greek-American expatriate billionaire businessman and investor Dean Metropoulos is expected to acquire a 44-hectare property in Kassiopi on Corfu that formed the first privatization conducted as a result of the Greek debt crisis.

It is understood that a sale price of €32 million has been agreed and that bank financing for the project is pending.