The attempt by the Quinn family to stop its international property portfolio being seized has cost the State up to €170 million, according to informed sources. Members of the Quinn family - Aoife, Brenda, Colette and Ciara, daughters of Sean Quinn – pictured at the Four Courts last month. In their effort to frustrate Anglo, the Quinns engaged a law firm in Dubai called Senat, which in turn began working with law firms in Moscow, Kiev, and elsewhere. In 2011, the High Court ordered the Quinn family to desist in its efforts. Former minister for finance Michael Noonan would “not be happy at all” to have seen a reported deal being agreed with the Quinn family.

Source: The Irish Times April 02, 2019 23:26 UTC