Broken Bank bids to overturn Sean Quinn bankruptcy in Belfast courts
Anglo-Irish says Quinn should be held accountable in Republic
Published Friday, November 25, 2011, 8:05 AM
Updated Friday, November 25, 2011, 9:44 AM
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CaptainCon | Nov 26, 2011, 05:57 AM EST
This man made sure to disperse a few hundred million into his children's 'individual wealth portfolios'AFTER his gambles on risky derivative trades went wrong. Where did he get those hundreds of millions? Thats what the courts should be asking and whether he was effectively looting Quinn insurance to do so. Reminder- an extra tax has had to be placed on insurance premiums in Ireland to compensate for holes in Quinn Group's balance sheet. The courts should declare the transfers to his children as null and void and seize the money. There is no way he should simply be allowed to walk away having effectively pulled a scam to give the impression he is poverty stricken. How is he paying his lawyers who are busy trying to hide overseas assets if he only has $15,000 dollars to his name? His lawyers would cost more than that every few days.
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