Pledges of €2 million made to support Quinn family

A GROUP SET up in support of former billionaire Seán Quinn and his family has received pledges of up to €2 million from people wanting to help with legal fees.

Speaking to RTÉ Radio One’s This Week programme, spokesperson Adrian McCaffrey said the monetary promises have come from “successful business people” and “high net worth individuals” living both north and south of the border.

He added that no money has been collected yet as Concerned Irish Business’ was just looking for pledges at the moment.

“We haven’t solicited any of the pledges. We’ve talked to people and believe we have a seven figure sum,” he said. When pressed, he confirmed that the amount was “up around that scale” of €2 million.

He said the group was looking at legal and governance structures for ways the pledges can be turned into money and utilised to help the Quinn family.

The names of any potential donators have not been revealed but McCaffrey confirmed none were members of the family itself. Recent rallies held in Ballyconnell in Cavan have been attended by high profile personalities, including Tyrone manager Mickey Harte, former Meath manager Seán Boylan, player Colm O’Rourke and well-known priest Fr Brian D’Arcy.

Another ‘Rally for Justice’ is scheduled for 14 October.

The campaign was ramped up after the jailing of Seán Quinn Junior last July and the stepping down of the family’s legal team.

“The Quinn family bank account has been frozen and the stepping down of the legal team…initiated actions by different people to come forward and offer their assistance,” explained McCaffrey.

Ireland’s one-time richest man and his family are currently representing themselves across various legal battles with IBRC, the former Anglo Irish Bank.

via Pledges of €2 million made to support Quinn family ·

via Pledges of €2 million made to support Quinn family ·

A great response

As posted in by a great poster:
Quick explanation for ya.
* Quinns took out about €500m in mortgages from Anglo to buy property around the world. This is seperate to buying shares in the bank.
* Anglo has to be bailed out by taxpayer. It becomes IBRC. IBRC needs to get as much of the money leant by Anglo as possible to repay the taxpayer.
* Quinns cease making repayments and try to hide the above mortaged properties from IBRC.
* It all goes to court, judge tells Quinns to stop trying to hide these assets/mortgaged propreties.
* The quinns don’t do this therefore they are in contempt. Therefore its off to the big house for 3 months.
* Trial will resume later. Then they are properly fvcked.
All the above means the Quinns have tried to steal €500m worth of assets from their rightful owner -the Irish taxpayer. Sean Quinn has publicly admitted this.
This is more money than anyone else has stolen or even attempted to steal in the hitory of the state. I’d quite like to have those assets returned, cash being a bit short at the minute.
Again, all this is seperate from the buying of shares by Sean Quinn in Anglo.


About Old Boy

Love the past and the future but live in the present

Posted on September 24, 2012, in Uncategorized and tagged , , , , , , . Bookmark the permalink. Leave a comment.

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