Tuesday 23 October 2018

Quinn says he did no wrong in Anglo share deal. For the moment, I am sceptical

NIAMH BRENNAN

Speculation commencing in last Sunday's newspapers concerning a possible share support scheme to prop up the share price of Anglo Irish Bank placed intense pressure on Sean Quinn.

He is famous for his privacy. Clearly feeling the pressure, he broke his silence yesterday, in a rare interview with RTE's Tommie Gorman.

Three events have led to this -- the Quinn family's huge investment in Anglo Irish Bank, the large fine by the Financial Regulator last October, and now speculation concerning a possible secret share support scheme.

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