Quinn suggested that the Government had been misled by administrators – whom he accused of “destroying one of the most profitable companies in Irish corporate history”.
The Government has been called on to clarify its plans for the 2 per cent insurance levy in light of the escalation of covering losses at the former business.
The judge described Sean Quinn as “evasive and uncooperative” and said on a number of occasions he embarked on “lengthy criticisms of Anglo” rather than answering questions.
In an interview with a Fermanagh newspaper Sean Quinn vowed to restore his family’s reputation – and said that he has received thousands of letters of support from well-wishers.
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The news of the figures come as the company is expected to be sold off to an American insurance giant and Anglo Irish Bank. The losses will also mean it will need help from the Insurance Compensation Fund.
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A MOTION OF no confidence in the Minister for Justice will be debated in the Dáil next week with Fianna Fáil claiming Alan Shatter’s position is now “untenable”.
The opposition party has been fiercely critical of the Fine Gael deputy’s handling of an ongoing row with Independent TD Mick Wallace.
“The Minister has shown extremely poor judgement of late. In particular, he used private information he received from the Garda Commissioner to undermine an opposition TD on Prime Time last week,” Niall Collins charged.
Shatter is currently facing two investigations by the Data Protection Commissioner and the Standards in Public Office Commission over his actions. He was also forced to clarify the nature of an incident where he was breathalysed by gardaí but could not complete the test because of asthma.
Although the motion of no confidence is unlikely to pass (as the government can table a counter-motion), TheJournal.ie wants to know what you think. Is Alan Shatter’s position as minister untenable?
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