Certa claims 12m litres of biofuel it paid for is 'missing or does not exist'

Certa entered into an agreement to buy some 18m litres of hydrotreated vegetable oil (HVO) which was to be stored in Ringaskiddy, Co Cork.
Leading fuel business Certa claims that more than 12m litres of biofuel it had already paid for is "missing or does not exist" after the majority shareholder of the Irish provider of the fuel went into administration in the UK.
Certa claims, in proceedings admitted to the Commercial Court on Monday, that the provider, Green D Project Ireland Ltd, gave misleading information the month before its UK majority shareholder, Green Biofuels Ltd, went into administration by saying it had some 17m litres of fuel in Ringaskiddy, Cork.
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