The five judges who met to hear Mr Quinn's appeal last week outlined their decision at Dublin's Supreme Court yesterday where he lost by a four to one majority. They ruled that the court was entitled to jail him for three months, but was not entitled to make some 28 coercive orders against him.
The judges will deliver their detailed decisions next Wednesday.
The Irish Examiner reports that the five-judge court upheld a single allegation that he was involved with a payment of $500,000 to Larissa Puga, the then general director of Quinn Properties Ukraine (QPU), on the eve of the takeover of the company by the rebranded bank in August 2011. However, with the three-month jail sentence expiring tomorrow (Friday) Mr Quinn could be freed from Mountjoy Prison unless another court order is produced by the former bank.
Meanwhile it emerged this week that Mr Quinn's sisters had asked the IBRC, the new name for Anglo, for mediation talks to try to resolve the situation and keep their father, Sean senior, out of jail.
After being found guilty of contempt of court along with his son and nephew Peter Darragh -- who has avoided prison in the Republic by staying in the north -- the former Fermanagh businessman will find out if he is going to jail tomorrow (Friday).
Father Gerry Comiskey, the Quinn family priest, comforted Sean Junior on his return to Mountjoy Prison yesterday.
"I spent an extended period of time with Sean. He is shocked and deeply disappointed."
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