Freed bankrupt businessman Sean Quinn declares his innocence again

Quinn says he'll apologize if courts find the state and AIB were entitled to control

Quinn was heavily critical of Anglo Irish Bank and of those who had taken over the running of his administration-hit empire.

Paul O'Brien, now Quinn Group chief executive appointed by the Financial Regulator, said he reckons Quinn won’t return as chair of the company even if the family wins his their battle against IBRC and wipes the disputed debt of over €2 billion that they claim was loaned “illegally” to prop up Anglo’s share price.

The Quinn family seeks to portray O’Brien as having destroyed huge business value in the way the company is now being run. But O’Brien, who took over as CEO of the company nearly three years ago, refutes this.

He said it will be proved in the long term that it was the right decision that he be appointed by the Financial Regulator because “the reality is that the business was insolvent.”

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Nster.com