The court heard Mr Quinn, who was later declared bankrupt, had an effective 28 per cent holding in the bank. Mr Browne has begun giving evidence in an action against him for recovery of some €30 million in loans he got from Anglo. Mr Browne told his counsel John Rogers SC he had met Mr Quinn on a number of occasions but did not know him that well. Mr Browne said he had dealt with previous loans to Mr Quinn in his role in the bank’s credit committee. Mr Browne, who had signalled his intention to leave Anglo in early 2007, said he “physically left” on October 10th or 12th that year.

Source: The Irish Times February 09, 2021 19:18 UTC