It might not feel like it, but we all have a stake in outcome of the Quinn/Anglo saga
I OWE an apology to Kieran Wallace, one of two Joint Special Liquidators (JLS) of the former Anglo Irish Bank. A number of weeks ago, during an RTE radio interview in the wake of the Anglo trial, I expressed frustration – okay, anger – that the Irish State still had not recovered vast sums of money it is claimed that the family of bust businessman Sean Quinn has put beyond the bank's reach.
I wondered out loud whether parties such as the special liquidators and their ultimate boss, Finance Minister Michael Noonan, were doing enough to recover up to €500m worth of missing monies – including lucrative rent rolls – emanating from the Quinns' former International Property Group (IPG).
I asked was it fair if the Quinn family could recover massive sums in compensation from the State in their civil case in light of Sean Quinn senior's audacious gamble on Anglo shares when so much of the family's wealth was seemingly "lost" – like a set of keys – across so many continents.