Tuesday February 05 2013 Irish Independent
Sean Quinn Jnr
THE jailed son of businessman Sean Quinn does not know where the rents generated by assets in the family’s international property group (IPG) have gone.
Mr Quinn Jnr has told the Commercial Court that he is “110pc” sure that he does not know where the lucrative rents have gone.
“Let me be struck dead when I leave this court if I am wrong,” Mr Quinn Jnr told High Court Judge Mr Justice Peter Kelly this afternoon during cross examination by lawyers for the former Anglo Irish Bank.
Sunday Feb. 3rd Independent
Aoife Quinn has a science degree and later studied law at Blackhall Place. She worked in Quinn Insurance, as a claims handler in the ‘fast-track’ section. So shouldn’t she be familiar with the legal process that requires litigants to disclose documents to each other, Paul Gallagher wanted to know. But Aoife said she didn’t have to deal with lawyers.
She drew a €379,000 salary from Russian companies over 12 months until last year, but had no bank statements. Her contract for such a big sum was in Russian, and she signed it without having it translated or even keeping a copy.
Colette Quinn like her sisters, she said she had no statements, just a text message each time the money landed in her account. And she was “not in the habit of keeping receipts” for what she spent it on.
At one point, Mr Justice Kelly reflected back on her evidence. So she had signed a contract that she didn’t understand, received a salary of €339,000 and has no documentation as to what her task were, he said.
“So whatever work it was, it was paperless,” he asked Colette. “That’s correct,” Colette shot back with a smile.
She, too, had already disclosed all documents in her possession. Mr Justice Kelly had heard this phrase so often that at one point, he called it a “mantra” of “no documents, no documents”.
The cross-examination continues this week, when Sean Jnr and Karen Woods will take the stand.
Jan. 30th Laois Nationalist
A son in law of bankrupt businessman Sean Quinn has told the Commercial Court he doesn’t have an active policy of keeping documents.
Under cross examination by lawyers for IBRC, Stephen Kelly said he had nothing to show how he spent his €260,000 salary from Russian companies in the Quinn’s property group.
IBRC’s lawyers say it is extraordinary and unbelievable that Stephen Kelly has kept a lot of commercial documents but has nothing relating to his salary.
Tuesday 29 Jan- Independent
A DAUGHTER of bankrupt tycoon Sean Quinn withdrew more than €30,000 every month from a cash machine over nearly a year to pay for legal fees, she told a court.
Ciara Quinn said she had no records or receipts of the fees being paid, as she generally handed the cash to her brother Sean Junior or sister Aoife, who then paid the lawyers
Ms Quinn told the Commercial Court she spent €339,921 – paid to her from the Quinn family’s property empire – between July 2011 and May 2012.
She said she usually withdrew the money, over the 11-month period, from a Bank of Ireland ATM in Blanchardstown, Dublin, using a Visa card.
Thursday, January 24, 2013 – 06:14 PM – Irish Examiner
A daughter of ex-billionaire Sean Quinn opened several bank accounts in Dubai after legal action was launched to stop the family asset-stripping their global property empire.
But Aoife Quinn said no money was ever lodged in the four accounts, which were opened in four different currencies – euro, US dollars, Sterling and a local currency – a year ago.
Ms Quinn told the Commercial Court she had no documents or records from the accounts as she handed them over to the family’s former legal team.
In the first day of disclosure hearings – originally expected to last two days but which have already been extended – Ms Quinn also claimed:
:: She was not sure of the amount of her six-figure salary from three Russian companies;
:: She never got email or written bank statements from her Moscow account, but only text messages confirming transactions;
:: Her mobile phone that contained those records was stolen;
:: She had no records on the 30% income tax she was paying to Russian authorities;
:: She feared people were rummaging through the Quinn family’s bins so stored away other records she thought were not important, because she did not have a shredder.
Sean Quinn – Innocent!!!
Sean Quinn said that he did not feel he should have been in prison in the first place.
He said the view was shared by his fellow prisoners: “I think 100 per cent of them felt I shouldn’t be there.
Never in my life did I steal a penny or take a penny that didn’t belong to me,” he added….he’s right of course he owes half a billion to the state now – but that’s different!
Quinn told his local radio station, Northern Sound, “If the assets under dispute are found to belong to the Irish public and that they were taken legally by Anglo Irish Bank, and the receivership of the Quinn Group and administration of the Quinn Direct was done legally and correctly, then we will apologize to the Irish public. What arrogance.
All the above appears to be standard Quinn defence –ignorance of all facts or else just totally think.
Standard Quinn Defence No.1, previous seen as “ah sure I am only a house wife”
Asked about two bonuses of about €50,000 paid to her from the companies, she said she could not recall the exact amount.
“I’m not sure of the figure,” she said.
“I’m not great with maths, especially in my head and especially under pressure.”
Standard Quinn Defence No.2 – I know I did a bad thing last year but because I was scared I destroyed all evidence & can’t do anything now.
“I believe that this was a reaction to the bank trying to take everything off us,” she said.
“That was our reaction whether it was right or not.”
Ireland has a shocking record of not punishing white collar crime but surly this shower of Gombeens should serve have to serve lengthy prison sentences.
A new Belfast-based legal team asked the court for more time to prepare a defence for the bankrupt businessman.
Ms Justice Elizabeth Dunne said it was up to the prison authorities to decide on Mr Quinn Jnr’s release time as it was not a matter for the court.
THE daughters of bankrupt businessman Sean Quinn have asked the former Anglo Irish Bank to attend 11th hour mediation talks to settle their differences — and avoid their father being sent to jail.
Mr Quinn’s daughters and other family members whose assets have been frozen by court order have privately asked Anglo — now renamed the IBRC — to try to resolve many of the issues in the aggravated dispute in out-of-court talks.
Ciara Quinn, one of Mr Quinn’s five daughters, had previously declared the family would win its “war” with the State-owned lender, which is pursuing her and her siblings for more than €2bn in unpaid loans.
The Quinn family is challenging the legality of the loans in a case due to begin next year.
Mr Quinn and his wife Patricia, whose only son Sean Quinn Jnr is serving a three-month jail sentence for contempt, wept as supporters cheered Ciara Quinn’s apparent declaration of war at a weekend rally in Cavan.
The Quinn daughters and other family members, including Sean Quinn Jnr’s wife Karen Woods, Ciara Quinn’s husband Niall McPartland and Aoife Quinn’s husband Stephen Kelly, face tough sanctions if they do not comply with onerous court orders to disclose their financial affairs.
Members of the Quinn family subject to the wide-ranging freezing orders must disclose all of their assets, all bank accounts and any documentation relating to a scheme to put up to €500m worth of Quinn family assets beyond the IBRC’s reach.
The family is said to be devastated that the IBRC, who would not comment on the proposed talks, would not agree to mediation. But it is unclear how these disclosure orders could be mediated as they are issued by the courts.
Sean Quinn Snr is set to find out on Friday if he will face jail for breaking court orders not to interfere with the family’s international property group (IPG).
The Supreme Court has reserved judgment on an appeal by Sean Quinn Jnr against his imprisonment for contempt of court and both sides may seek a postponement of Sean Quinn Snr’s sentence pending the outcome of the appeal.
Sunday’s rally in Ballyconnell has cemented public support in the border for the Quinn family, but it has attracted condemnation from senior political figures including Fine Gael chairman Charlie Flanagan.
Mr Quinn’s brother Peter Quinn called the media “bastards”, in a speech listing the family’s grievances against Anglo at the event.
Mr Flanagan said the language used by Mr Quinn “belongs in the gutter”.
“Mr Quinn is happy to be seen in public in Northern Ireland with his son (Peter Darragh) who is currently avoiding the sentence handed down to him by a court in the Republic,” said Mr Flanagan.
“Our courts are a fundamental pillar of our democracy and the law must take its course. It is highly unsatisfactory that some people feel that these standards do not apply to them.
The following evidence emerged from the high court yesterday.
Family members were to receive up to € 7. 5m each if injured or an assassination attempt happened whilst employed by the Russian Companies.
Employment contracts worth up to €36m each were signed.
In addition, substantial annual wages up to €560,000 each with a wide range of benefits
The above evidence was comes from the deliberately smashed computers in their Russian office.
The destruction of the computer happened just a day or so after the High Court made restraining orders against the Quins.
Other emails showed that Sean Quinn Jnr was still dealing with property management issues for these Russian companies, months after the Quinns told the High Court, they had lost control of those companies.
Counsel said the Quinns had given “utterly false” evidence in the High Court contempt proceedings about not being in control of the Russian compnies
THE Supreme Court has queried how the jailed son of bankrupt businessman Sean Quinn can complain about being in prison when he has not purged his contempt.
Mr Quinn Jnr was jailed last July for breaking court orders not to interfere with the family’s €500m international property group (IPG) and his lawyers claim it was wrong to subject him to the prospect of an indefinite spell in prison.
The High Court has kept his father out of jail to force Sean Quinn Snr to comply with orders to reverse asset transfers out of the IPG.
The Supreme Court noted that Mr Quinn Jnr has not yet purged his contempt, despite claims that he was being held in prison as “hostage for the chieftain”.
“How can he complain about being committed to prison?” asked Supreme Court Judge Mr Justice Donal O’Donnell.
Mr Quinn’s lawyers said that there was no precedent before the court to jail a defendant to force the hand of another.
The Supreme Court also heard that no contempt application had been moved against any other member of the Quinn family apart from the tree who have already been found guilty of contempt of court.
Today the former Anglo Irish Bank will ask the Supreme Court to admit fresh material gleaned from a damaged computer in Russia to prove Mr Quinn Jnr was a “key player” – right up until the time he was jailed last July.
The IBRC (formerly Anglo) claims the family of Sean Quinn Snr stood to receive more than €250m in severance fees from Russian companies within their international property group (IPG).
The bank, which moves its case later today, has claimed in court papers that an email of July 25, 2011, copied to Sean Quinn Jnr by his brother-in-law Stephen Kelly had requested that Russian employment contract documents for members of the Quinn family be backdated.