SEAN Quinn, the Irish billionaire who became bankrupt, and two relatives have been found in contempt of court for putting assets beyond the reach of the former Anglo-Irish Bank.
SEAN Quinn, the Irish billionaire who became bankrupt, and two relatives have been found in contempt of court for putting assets beyond the reach of the former Anglo-Irish Bank.
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Dublin
The former business tycoon, once Ireland's richest men, his son Sean and nephew Peter Darragh were found to have defied an order at the High Court in Dublin over the family's international property portfolio.
The lawsuit, brought by the state-owned bank which was rebranded last year to become the Irish Bank Resolution Corporation, claimed they shifted assets from as far afield as Ukraine and Russia into new ownership as it pursued €2.8 billion (£2.23bn) in debts.
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