BANKRUPT businessman Seán Quinn, his son Seán and nephew Peter Darragh Quinn could face jail after being found guilty of contempt of court orders restraining them putting assets worth tens of millions of euro in their international property group beyond the reach of the former Anglo Irish Bank.
All three engaged in a “complex, complicated and no doubt costly” series of steps designed to put assets beyond the reach of the bank, in “a blatant, dishonest and deceitful manner”, Ms Justice Elizabeth Dunne said, and she was satisfied beyond reasonable doubt they were guilty of contempt.
The judge will rule on Friday what sanctions should be imposed after hearing from both sides but indicated, given her findings, she would find it “very difficult” not to include a “punitive” element.
‘Blatant, dishonest and deceitful’ (Irish Times)
(Photocall Ireland)
