Menu
02/11/2012
Sean Quinn Jailed For 9 Weeks
Sean Quinn has been sentenced to nine weeks in jail for contempt of court.
The sentencing sees the culmination of a high-profile legal battle between the Quinns and bailed-out bank Anglo Irish over claims of asset-stripping by the former billionaire.
Sentencing at Dublin High Court is expected to occur at 13:00.
Ms Justice Elizabeth Dunne said Mr Quinn’s evidence was "not credible, evasive and uncooperative".
"In my view he has only himself to blame" she said.
Mr Quinn still has the opportunity to appeal the decision.
The news comes as a further blow to the Quinns. Last month the Supreme Court dismissed an appeal by Sean Quinn Jnr against his three-month jail sentence under similar charges.
At the High Court at the end of July 2012, it was found that Sean Quinn, his son Sean Quinn Jnr and his nephew Peter Darragh Quinn had defied court orders by asset stripping.
The men were found to have put about half a billion euros beyond the reach of the Irish Bank Resolution Corporation (IBRC), formerly Anglo Irish Bank.
Sean Quinn Jnr was sent to jail for three months, while his father was initially spared a sentence in order to take steps to reverse the asset-stripping scheme.
Peter Darragh Quinn has avoided jail by not showing up at the July hearing and remaining in Northern Ireland.
But lawyers for IRBC said there has been no co-operation from Sean Quinn Snr to comply with court orders to reverse the asset-stripping of Quinn companies.
The court was told "nothing had been done and no steps had been taken".
It remained a possibility that the bank would apply to jail the Quinns.
(IT/CD)
The sentencing sees the culmination of a high-profile legal battle between the Quinns and bailed-out bank Anglo Irish over claims of asset-stripping by the former billionaire.
Sentencing at Dublin High Court is expected to occur at 13:00.
Ms Justice Elizabeth Dunne said Mr Quinn’s evidence was "not credible, evasive and uncooperative".
"In my view he has only himself to blame" she said.
Mr Quinn still has the opportunity to appeal the decision.
The news comes as a further blow to the Quinns. Last month the Supreme Court dismissed an appeal by Sean Quinn Jnr against his three-month jail sentence under similar charges.
At the High Court at the end of July 2012, it was found that Sean Quinn, his son Sean Quinn Jnr and his nephew Peter Darragh Quinn had defied court orders by asset stripping.
The men were found to have put about half a billion euros beyond the reach of the Irish Bank Resolution Corporation (IBRC), formerly Anglo Irish Bank.
Sean Quinn Jnr was sent to jail for three months, while his father was initially spared a sentence in order to take steps to reverse the asset-stripping scheme.
Peter Darragh Quinn has avoided jail by not showing up at the July hearing and remaining in Northern Ireland.
But lawyers for IRBC said there has been no co-operation from Sean Quinn Snr to comply with court orders to reverse the asset-stripping of Quinn companies.
The court was told "nothing had been done and no steps had been taken".
It remained a possibility that the bank would apply to jail the Quinns.
(IT/CD)
Related Irish News Stories
Click here for the latest headlines.
02 October 2012
Seán Quinn Jnr Appeal Launched
Ireland’s Supreme Court has begun hearing an appeal launched by Seán Quinn Jnr against his three month jail term. His lawyers have told the Supreme Court his indefinite imprisonment for contempt of court and failing to reverse an asset-stripping conspiracy is "incorrect and legally wrong".
Seán Quinn Jnr Appeal Launched
Ireland’s Supreme Court has begun hearing an appeal launched by Seán Quinn Jnr against his three month jail term. His lawyers have told the Supreme Court his indefinite imprisonment for contempt of court and failing to reverse an asset-stripping conspiracy is "incorrect and legally wrong".
01 November 2012
Quinns Due Back In Court
Sean Quinn and his son are due back in a Dublin court later as the inquiry continues as to whether or not the former billionaires have complied with court orders. Sean Quinn was once the richest man in Ireland, but declared himself bankrupt last year.
Quinns Due Back In Court
Sean Quinn and his son are due back in a Dublin court later as the inquiry continues as to whether or not the former billionaires have complied with court orders. Sean Quinn was once the richest man in Ireland, but declared himself bankrupt last year.
17 October 2012
Sean Quinn's Son Loses Contempt Of Court Appeal
Sean Quinn Jnr has lost an appeal against his conviction and prison sentence for contempt of court. The son of Fermanagh businessman Sean Quinn was jailed in July following a decision that he had breached a court order ordering him not to interfere with Quinn International Property Group assets.
Sean Quinn's Son Loses Contempt Of Court Appeal
Sean Quinn Jnr has lost an appeal against his conviction and prison sentence for contempt of court. The son of Fermanagh businessman Sean Quinn was jailed in July following a decision that he had breached a court order ordering him not to interfere with Quinn International Property Group assets.
04 October 2012
Quinn Hard-Drive Smashed, Court Told
The Supreme Court has been told that a computer hard drive which contained crucial information pertaining to the recent charges against the Quinn Group was deliberately smashed. The hard drive was part of the operations of a Quinn Group Russian company.
Quinn Hard-Drive Smashed, Court Told
The Supreme Court has been told that a computer hard drive which contained crucial information pertaining to the recent charges against the Quinn Group was deliberately smashed. The hard drive was part of the operations of a Quinn Group Russian company.
15 April 2011
Sean Quinn Forced Out Of Insurance Firm
A leading Irish entrepreneur is to loose control of the insurance business he personally founded after it ran into financial problems. Sean Quinn and his family will no longer have any role in the management of the Quinn Group following a restructure.
Sean Quinn Forced Out Of Insurance Firm
A leading Irish entrepreneur is to loose control of the insurance business he personally founded after it ran into financial problems. Sean Quinn and his family will no longer have any role in the management of the Quinn Group following a restructure.
-
Ireland WeatherThis Evening and Tonight:It will be cloudy with a spell of heavy rain pushing south through late evening and the early hours, soon followed by some clear spells. Minimum temperature 6 °C.
