Sean Quinn Jnr loses appeal
The son of bankrupt-billionaire Sean Quinn is facing a return to prison after losing an appeal against his imprisonment and conviction for contempt of court in an asset-stripping plot.
Sean Quinn junior’s legal challenge was thrown out of the Supreme Court in Dublin as it dismissed claims he was not involved in a scheme to put the family’s assets beyond the reach of the former Anglo Irish Bank.
The five-judge court upheld a single allegation he was involved with a payment of US$500,000 (€381,000) 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.
Quinn junior was jailed for three months in July.
Four of the five judges, led by the Chief Justice Mrs Susan Denham, ruled against Quinn.
In a short ruling read to the court, they stated that they had dismissed appeal against the contempt order imposed by the High Court and appeal against the prison sentence.
However, Quinn junior could be freed on Friday following an appearance in the High Court as the judges overturned his indefinite incarnation relating to non-compliance with several orders intended to coerce the family to reverse asset stripping.
Quinn junior was supported in court by his wife Karen, sisters Colette and Aoife, and brothers-in-law Niall McPartland and Stephen Kelly.
They showed no emotion as the ruling was delivered.
The judges will deliver their detailed decisions next Wednesday.
