Your contributions will help us continue to deliver the stories that are important to you
Monday 26 October 2020
Seán Quinn took the stand in the Anglo trial today and was combative, but cagey.
Ireland’s one-time richest man believes the current government is anti-Seán Quinn because it has been “sold a pup”.
The orders were put in place in 2011 as the bank alleged the family were trying to put assets out of its reach.
The joint administrators of Quinn Insurance are suing the firm’s former auditors Pricewaterhouse Coopers (PWC) for €1 billion over alleged negligent auditing.
The bankrupt Cavan businessman, formerly Ireland’s richest man, has completed a nine-week sentence.
The decision was taken following talks between the Attorney General, the Prison Service and the Minister for Justice, Alan Shatter.
No more Oirish accents from Spacey, for the time being anyway.
The family say a public inquiry into the Administration of Quinn Insurance is now more necessary “than ever”.
The company that took over from Quinn Insurance will make 140 redundancies in Dublin, 75 in Cavan, and 70 in Enniskillen.
The Concerned Irish Citizens group is demanding “natural justice for the Quinn family and the citizens of Ireland”.
Organisers say they’re expecting thousands to turn out in support of Seán Quinn and his family.
The Committee on Finance, Public Expenditure and Reform will discuss the possible €1.65bn liability to other insurers.
Quinn said she expects her father will join his son behind bars as the family is unable to purge their contempt.
“Either take off the cross or put on pants.”
Quinn suggested that the Government had been misled by administrators – whom he accused of “destroying one of the most profitable companies in Irish corporate history”.
The Government has been called on to clarify its plans for the 2 per cent insurance levy in light of the escalation of covering losses at the former business.
5 minutes, 5 stories, 5 o’clock…
In an interview with TV3, the former billionaire says IBRC has already repossessed the companies which owed money to it.
The new figure is hundreds of millions of euro more than the original estimate given last year.
The former billionaire was ordered to stop moving assets out of the reach of the bank formerly known as Anglo.
The judge described Sean Quinn as “evasive and uncooperative” and said on a number of occasions he embarked on “lengthy criticisms of Anglo” rather than answering questions.
The company is abandoning the name of Seán Quinn, its bankrupt former owner whose finances have been the subject of controversy.
The insurer said prices across its schemes will rise by six per cent from March.
Ciara and Aoife Quinn spoke out as part of a New York Times profile of the businessman, who has claimed bankruptcy.
The government’s levy on health insurance has been raised by €80 for adults – but VHI and Aviva will not pass on the increase.
Businessman Quinn has been ordered by the Commercial Court to repay €1.6 billion to the IBRC, formerly known as Anglo Irish Bank.
In an interview with a Fermanagh newspaper Sean Quinn vowed to restore his family’s reputation – and said that he has received thousands of letters of support from well-wishers.
The judgement is the largest before the courts in the history of the State.
Catch up on the day’s biggest stories – as well as the bits and pieces you may have missed…
Administrators for Quinn Insurance tell the High Court that the company will need €738m to remain a viable concern.
A new bill published by Michael Noonan will place a 2 per cent levy on insurance premiums – to cover Quinn Insurance’s losses.
Nine things to know by 9am: Results day for Junior Cert students, cabinet meets to discuss selling off state assets, and what Irish people are more likely to lie about than anyone else…
The health insurer will increase its premiums for the second time this year, with its Level 2 plan now costing over €1,000.
All the day’s news, and the bits and pieces you may have missed…
Over €640m of that loss comes from losses at Quinn Insurance, which is currently under administration.
The news of the figures come as the company is expected to be sold off to an American insurance giant and Anglo Irish Bank. The losses will also mean it will need help from the Insurance Compensation Fund.
Nine things you need to know by 9am: Sony admits Playstation users’ details hacked; German anger after seven Irish Travellers arrested in Cologne after a “drunken rampage”; and Mrs Brown’s Boys is up for a BAFTA.
The fallen businessman acknowledges his failings to local politicians – as over 4,000 employees await confirmation of their jobs.
Quinn Insurance’s administrators say they will not publish a shortlist of interest bidders because it could effect the sale.
WE’RE LESS THAN a week out from the scariest night of the year.
Halloween will look somewhat different this year but there’s nothing stopping us breaking out the box of decorations, throwing on a witch’s hat and doing up the outside of the house.
Cobwebs, ghouls and goblins, a scary pumpkin, there’s plenty of inspiration around at the moment as more and more people gear up for the 31st.
This morning, we want to know: Have you decorated your house for Halloween?
Poll Results:
Share your story: voices@thejournal.ie
Richard Nairns details some of what he discovered when he moved to Ned’s Wood in Co Wicklow.
Winds subsiding with a couple of showers
Max: 12 °C
Min: 6 °C
Clouds breaking, rain ending; breezy
Max: 12 °C
Min: 7 °C
Variable clouds, showers around; breezy
Max: 11 °C
Min: 6 °C
