Saturday 24 February 2018

Anglo trying to blacken my family's name, claims Quinn

Greg Harkin

ANGLO IRISH Bank is at the centre of a public relations scam to blacken the name of the Quinn family, Sean Quinn has claimed, as thousands of his supporters prepare for a public rally.

The organisers of tomorrow's event in the Co Cavan town of Ballyconnell will also demand a public inquiry into the Quinn Group affair.

Mr Quinn told the 'Financial Times' that the Irish Bank Resolution Corporation (IBRC) -- the new name for Anglo -- had successfully shaken off its poor image and transferred it to him and his family.

"Anglo were the most hated institution in the history of the state and they have very carefully turned that around and now it is Sean Quinn and his family that are the most hated," Mr Quinn told the newspaper.

"They have played a tremendous game here and are running the news seven nights a week. And all of a sudden they are the good guys."

One of those behind tomorrow's rally, Patricia Gilheaney from the group Concerned Irish Citizens, claimed IRBC was spending "a huge fortune of taxpayers' money" on public relations.

"We need a proper public inquiry and that will tell us how much IRBC are pouring into their spin machine," she told the Irish Independent.

"At the end of the day there is one clear issue and that is the Quinns do not owe €2.3bn in loans to Anglo, and that case supersedes all others.

"People here in the border counties aren't dumb enough to swallow Anglo's spin."

Ms Gilheaney said she was confident of a huge turnout for tomorrow's public demonstration.


In the interview, Mr Quinn claimed he has been made a scapegoat by Anglo and accused the bank of conducting a vendetta against him

"The biggest disgrace about all this is that they have my son in jail and me ready to go to it for taking assets we believe, then and now, are ours," he said.

He again insisted that his family does not owe Anglo the money it is now claiming back, saying that €2.34bn of the €2.8bn loans given to them are "tainted with illegality".

However, IBRC boss Mike Aynsley said the blame for court proceedings rests with Mr Quinn.

"Sean Quinn is being unreasonable in his assessment of the bank's intentions," he said.

"He has chosen to disregard the court process and is progressing down a path of duplicitous action," he added, arguing that Mr Quinn has misappropriated "what are in effect state assets".

Ms Gilheaney said Mr Quinn will attend tomorrow's rally, but added: "We're reluctant to say who else will be there because they were ambushed by the media the last time.

"I also want to rubbish this rumour that we will be collecting money for the Quinns on Sunday. We won't."

Irish Independent

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