Saturday 23 September 2017

Anglo has a vendetta against our father, say Sean Quinn's daughters

Laura Noonan

Laura Noonan

banking

TWO of Sean Quinn's daughters have spoken out about their family's treatment by Anglo Irish Bank, accusing the bank of pursuing a "vendetta" against their father and trying to "bring down" the Quinn clan.

The comments from Ciara and Aoife Quinn to 'The New York Times' mark the first time Mr Quinn's children have publicly spoken, and come hours before a Belfast court is due to give judgment on Mr Quinn's bid for Northern Ireland bankruptcy.

Mr Quinn and his five children are being pursued by Anglo, now known as IBRC, over €2.8bn of unpaid loans. The Quinns dispute the legitimacy of the debts; numerous court cases are ongoing.

IBRC has always insisted it is chasing the Quinn debts to recover value for the taxpayer, which owns the bailed-out bank. In their interview, the Quinns rejected this.

Blame

"They (Anglo) would blame my father for the fall of Europe if they could," said Aoife Quinn. "I know he is no angel and not without blame, but they seem intent to drag him down."

Ciara Quinn told the paper that her father "tirelessly worked seven days a week" and "built something real and lasting for a community on its knees", a reference to the thousands of local jobs generated in Fermanagh and Cavan.

"My father has never taken a two-week holiday," she added.

Mr Quinn expressed similarly sentiments when he spoke to reporters in Belfast before Christmas, as the court recessed to consider IBRC's bid for him to go through the Republic's more penal bankruptcy system.

At that outing, he said IBRC's pursuit of him was a "joke" since he had "no money" regardless of where he was declared bankrupt. A judge will give his verdict today.

Irish Independent

Also in Business