Tag Archives: auditors

Accountancy firm Ernst & Young has been appointed the new auditors to the Quinn Group, which is part-owned by the former Anglo Irish Bank.

The appointment comes just two days after the bank started a legal action against the firm over its role as auditors to the bank before it was taken into State ownership in 2009.

Ernst & Young has replaced rival accountants PricewaterhouseCoopers as auditors to the group formerly owned by the bankrupt and imprisoned businessman Seán Quinn.

A spokesman for Quinn Manufacturing Group confirmed it had just appointed Ernst & Young as its new auditors on a multi-year contract after a competitive tender for the job.

Minister for Finance Michael Noonan told reporters he was aware of the State-owned bank’s action against the firm. “On they go,” he said.

Indeed.

Quinn hires audit firm co-owner is suing (Simon Carswell, Irish Times)