Sean Quinn Back in Business

stanley

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"QIL collapsed in 2010 after it emerged that assets that were supposed to form its regulatory capital had become collateral for a €1.2bn loan made by Barclays to Quinn Group.

Mr Kevin Lunney, who served on the board of QIL and later the Quinn Group, told the inquiry that he did not recall signing any loan documents.

"We did have legal representation until we could no longer afford to do so," he said, adding: "Quite frankly, our priorities were elsewhere."


How Barclays Bank lent them 1.2bn is extraordinary, quite obvious they did not perform proper due diligence on the assets they were holding as security and also some very sharp operating to secure this loan for Daddy to gamble, most of, away.

These directors do not want to be at this Hearing, it is almost like they are saying, they themselves got hoodwinked.
 


Timeandagain

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"This is a very deliberate decision, there is no mistake here, a clear deliberate decision is being made to include the QIL subsidiaries," Mr McCullough told Mr McCaffrey.

Mr McCaffrey said he could not recall this specific email, to which Mr McCullough responded: "You have given evidence before about signing documents without really reading them. That can only go so far Mr McCaffrey."

"I wouldn't have placed a relevance on them giving the guarantees," Mr McCaffrey replied, although he later said this was the "definitive contractual document".



A decent SC blows McCaffrey apart and his obvious loyalty to Sean Quinn with it.

Just like the Quinn court case v IBRC when it is laid out in legal terms, Daddy is up the creek without a paddle.
I think you're missing an understanding of current relationships, McCaffrey and Quinn are as far from friends as you can get at the minute and there would be no loyalty. There is no way McCaffrey will be covering for SQ, in fact quite the opposite.
 

stanley

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I think you're missing an understanding of current relationships, McCaffrey and Quinn are as far from friends as you can get at the minute and there would be no loyalty. There is no way McCaffrey will be covering for SQ, in fact quite the opposite.

They may not be currently "friendly" but when these letters of guarantee were signed years ago all was grand and they got the 1.2bn from Barclays, which eventually became the debt of the Irish people.
 

stanley

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I think you're missing an understanding of current relationships, McCaffrey and Quinn are as far from friends as you can get at the minute and there would be no loyalty. There is no way McCaffrey will be covering for SQ, in fact quite the opposite.


Lunney and McCaffrey are both almost saying they were conned into signing, it's pointless Daddy saying he let them do what they wanted, it's akin to a public execution of his closest employees.

All other members of Quinn family signed what was put in front of them or suffer the wrath of Daddy.
 

Timeandagain

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Lunney and McCaffrey are both almost saying they were conned into signing, it's pointless Daddy saying he let them do what they wanted, it's akin to a public execution of his closest employees.

All other members of Quinn family signed what was put in front of them or suffer the wrath of Daddy.
Which part where they almost saying that?
 

stanley

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Which part where they almost saying that?
You are not very good at reading between the lines - eh, too many years spent listening to Daddy's voice and follow/trust him blindly.

All the talk and blustering about getting his companies back, State going to have to pay compo as well as wiping out the unbelievable debts at Anglo, the hidden overseas investments blown apart, nothing has come to pass, once before a proper Judge and decent SC asking hard questions, it all blew up again in his face.
 

Timeandagain

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You are not very good at reading between the lines - eh, too many years spent listening to Daddy's voice and follow/trust him blindly.

All the talk and blustering about getting his companies back, State going to have to pay compo as well as wiping out the unbelievable debts at Anglo, the hidden overseas investments blown apart, nothing has come to pass, once before a proper Judge and decent SC asking hard questions, it all blew up again in his face.

Ahhh right. So it was in your head that it said that. Grand job.
 

stanley

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Ahhh right. So it was in your head that it said that. Grand job.
Read it again "almost saying", the official report will be out soon, let's wait for the verdict although it's seems pretty obvious.

How are things in Bally Connell ?
Is that willow tree still weeping there ?
Does that lassie with the twinklin' eye
Come smilin' by and does she walk away,
 

Timeandagain

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Read it again "almost saying", the official report will be out soon, let's wait for the verdict although it's seems pretty obvious.

How are things in Bally Connell ?
Is that willow tree still weeping there ?
Does that lassie with the twinklin' eye
Come smilin' by and does she walk away,
Waiting on the verdict would make more sense alright.
 

Socratus O' Pericles

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That lad McCaffrey doesn't appear to be the sharpest bulb in the drawer. Nevertheless he may well be the sacrifice.
 

stanley

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That lad McCaffrey doesn't appear to be the sharpest bulb in the drawer. Nevertheless he may well be the sacrifice.

Quinn does not care who he throws under the bus, he placed his wife, Patricia, in a poor position in Court and she got hammered, kids - the same, whole Court Case was a sham.

He may have passed ownership to the kids but out the back, controlled everything and gambled the lot
 

belcoo666

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Quinn does not care who he throws under the bus, he placed his wife, Patricia, in a poor position in Court and she got hammered, kids - the same, whole Court Case was a sham.

He may have passed ownership to the kids but out the back, controlled everything and gambled the lot
But they will all still be worth multiples of what your kids and grandkids ever will .
I am sure the main inheritance they will receive from you will be an overdose of begrudgery
 

stanley

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But they will all still be worth multiples of what your kids and grandkids ever will .
I am sure the main inheritance they will receive from you will be an overdose of begrudgery
The taxpayers of this country have had to absorb this prlck's incompetence and add it to our sovereign debt bill for future generations to repay.

So GFY with "overdose of begrudgery" he did the lot with premeditated intent and should be locked up for the rest of his natural.
 

belcoo666

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The taxpayers of this country have had to absorb this prlck's incompetence and add it to our sovereign debt bill for future generations to repay.

So GFY with "overdose of begrudgery" he did the lot with premeditated intent and should be locked up for the rest of his natural.
He wont be
He will be enjoying a life of relative luxury while you are covering your keyboard in spittle . Sad
 

stanley

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He wont be
He will be enjoying a life of relative luxury while you are covering your keyboard in spittle . Sad
You need medical and psychiatric treatment for supporting that cant, who has added to the poverty of the nation.
 

raetsel

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I cannot understand the loyalty of some people in Fermanagh towards Sean Quinn considering that he was such a lousy employer who wouldn't even allow his employees the basic human right to join a trade union.
 

stanley

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I cannot understand the loyalty of some people in Fermanagh towards Sean Quinn considering that he was such a lousy employer who wouldn't even allow his employees the basic human right to join a trade union.
It's quite simple and has to be said, they are afraid of him and his Republican connections.
 
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belcoo666

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It's quite simple and has to be said, they are afraid of him and his Republican connections.
:rolleyes:
Your hatred has now spread to blatant lies . What is it about Sean Quinn you hate most . His success , his money , his nationalism ?
Your failures in life are not down to Sean Quinn . Perhaps when you grasp that simple little fact you will be making the first steps towards some form of peace with yourself , and your failures.
 


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