Hayes: Quinn supporters 'blind to the facts'

The Junior Finance Minister Brian Hayes has described supporters of Sean Quinn as "blinded and misguided".

Hayes: Quinn supporters 'blind to the facts'

The Junior Finance Minister Brian Hayes has described supporters of Sean Quinn as "blinded and misguided".

Mr Hayes said he can understand why thousands of people, particularly in Co. Cavan, would have an affinity with the bankrupt businessman.

However, he also said they are blinded by the fact that Mr Quinn has been found in contempt of court for putting assets, needed to repay the IBRC, out of the bank's reach.

The 66-year-old former billionaire is now serving a nine-week prison sentence.

It has also been reported today that the former Anglo Irish Bank is understood to have made a complaint to the Garda Fraud Squad over allegedly fraudulent actions by members of the Quinn family.

Minister Hayes said he has no sympathy for Sean Quinn and his supporters need to face the facts.

Mr Hayes said: "They are misguided and they are totally blind to the facts that this issue has gone on for far too long, there has been an attempt to really put these assets away from their rightful owners in this case.

"Not only is it all of us will be paying for this in terms of the cost in our insurance for many years to come, but the Irish people have the right to these assets.

"They will do something in terms of bridging the gap between tax and expenditure over the next number of budgets were we to obtain them back through IBRC."

more courts articles

Football fan given banning order after mocking Munich air disaster Football fan given banning order after mocking Munich air disaster
Man (25) in court charged with murdering his father and attempted murder of mother Man (25) in court charged with murdering his father and attempted murder of mother
Man appears in court charged with false imprisonment of woman in van Man appears in court charged with false imprisonment of woman in van

More in this section

Speeding motorists targeted as national Slow Down Day begins Speeding motorists targeted as national Slow Down Day begins
Stardust nightclub fire Timeline of events in 40-year campaign by Stardust families
WHO teams up with 500 experts to define transmission of diseases spread 'through the air' WHO teams up with 500 experts to define transmission of diseases spread 'through the air'
War_map
Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited