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Sean Quinn's family reject claims of hidden gold

Published: 31 May 2014 17:220 comments

THE family of former businessman Sean Quinn have rejected claims that they may be hiding over €300 million in gold.

Sean Quinn speaking to The Impartial Reporter last year.
Photo by John McVitty.

In a statement to impartialreporter.com, the Quinns denied the allegations made by the former Anglo Irish Bank in the Commercial Court yesterday “in the strongest possible terms”.

They claim the information given to the court by the Irish Bank Resolution Corporation has been “illegally obtained from unidentified informants with criminal backgrounds” and marked a new low in their ongoing dispute with the former bank.

“We are simply astonished that a state controlled entity would be a party to such ethically and legally questionable actions,” said the family.

“The bank has been led on a wild goose chase by individuals who do not even have the decency to make themselves known to the Courts and in the process are now a party to completely groundless allegations against an International Bank, an International Finance Banker, an Indian businessman and also a close friend of the Quinn family, all of whom have absolutely no involvement whatsoever in these matters.

The Quinn family say they have disclosed the full extent of their assets to the Court.

“The manner in which this application was moved ex parte by Anglo in the Commercial Court without notice to the Quinn family, but clearly with notice to the Irish media illustrates the extraordinary lengths the bank is prepared to go to in its endeavour to gain litigation advantage by absolutely decimating the family’s name.

“What is most disappointing is that the Quinn family has since September 2011 repeatedly offered our assistance to IBRC, however such offers have been ignored on each occasion.”

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