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.