- Apr 30, 2010
Michelle Gildernew will be delighted .......
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If your almost sure you'll point me in the direction of the evidence that Jr was withdrawing money via bank machines prior to being made redundant. Talking sh!te again Stanley.
Oh, that's all right then, its just the timing that is wrong, Timeandagain.That's all after the group was taken over. There's nothing about SQ using ATMs to withdraw vast amounts of money prior to being made redundant. Which is wat today's article was discussing. It's an unfair dismissal claim. You do understand that?
Err in relation to the unfair dismissal case, yeah the timing is kind of important. If you can't see that, well we'll just leave it at that.Oh, that's all right then, its just the timing that is wrong, Timeandagain.
It does seem all rents from Russ/UKR properties were directed far away from any Quinn operation and not used to reduce borrowings but then again the Judge will sort that out.
They tried that and hence this case. This case has nothing to do with Quinns returning money. It's about whether the administrators acted legally in dismissing Jr. Which I don't believe they did. But we'll soon see.Seán Quinn jnr
"The tribunal heard that Mr Quinn began working for Russian companies Finanstroy and Logistica in May 2011 for a total salary of 400,000 a year, but never told administrator Michael McAteer even though he was still on the payroll of Quinn Insurance.
Mr Quinn was asked about the locations abroad shown for a Blackberry phone at around this time. He said the phone was one he got in addition to his normal phone at one stage, so he could communicate by email while on the road, but it had not been in his possession when data showed it had been in Germany, the UK, Russia and Ukraine on dates alluded to by Mr Power.
He didnt know who had it at that stage, and hadnt known it was missing until the issue had been raised in the context of the tribunal hearings. I dont know who had the phone, he said.
Mr Quinn said he was currently unemployed but I believe I am close to recommencing. He said had been ordered by a court to return the money he received in Russia".
Just how much money was Junior on, it appears he was doing very little at QI and should have been out on his arse the same day McAteer walked in.
Court has very little chance of a Quinn returning monies, eaten bread soon forgotten.
With all respect I think there's some very fuzzy facts in that scenario. There's a good quick summary at BBC News - What are the facts in the Sean Quinn case?I don't think that's what they are claiming actually. The Quinn children are claiming that Anglo put money through their companies to support the bank and prevent it from falling. Their father invested / gambled 700 million on the CFDs , they are not claiming for this, it was subsequent to this that Anglo put 2.3 billion in to cover margin calls to save the bank. They are arguing that they do not have to pay this back , as at the time Anglo apparently had a power of attorney over the CFDs and were in control of the CFDs. They are also claiming that Anglo falsified documentation , lied about what the money was for and 2 years later tried to get them to sign documents to say they had received legal advice after the fact. They also testified at the Criminal Trial, that they never met or spoke to anyone from Anglo and never asked for any loans personally or through their companies. Whether they will be able to prove any or all of this will be interesting.
That is a very good summary of what Anglo / IBRC is saying all right.With all respect I think there's some very fuzzy facts in that scenario. There's a good quick summary at BBC News - What are the facts in the Sean Quinn case?
The disputed loans may well prove to have been illegal. But even if they were the Quinns were happy to sign up to them as a means of bailing Sean Quinn out from the CFD disaster which was entirely of his own making.
Mr Quinn, the son of a farmer who later went on to become a billionaire and Irelands richest man, was jailed for nine weeks for contempt of court in 2012.
He and his son Sean jr, were jailed for their part in continuing to put assets beyond the reach of the Irish Bank Resolution Corporation after the former Anglo Irish Bank seized the Quinn Group in 2011.
Last month, the action by Seán Quinns wife Patricia and members of her family denying liability for some 2.34 billion in loans advanced by Anglo to Quinn companies was provisionally set for January next year.
petey is probably living a much more comfortable life than begrudging failures like you can even dream abouthttps://www.irishtimes.com/news/ireland/irish-news/sean-quinn-tells-meeting-of-desire-to-return-to-run-his-former-business-1.3604537
What do Cavonians see in this rather dubious character? Milk and honey? One of their own? Nationalist angle?
Where’s PETEY these days?
Yes it was, stranger than fiction,with the defence offered, the lawyers must have known it would all collapse quickly, SQ's final public bluff.I think you'll find my statement was completely accurate. That's exactly what they claimed.