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.