I really don’t much about finance, but just say I borrowed money from a bank and didn’t make any attempt to pay it back, then moved that borrowed money to another country out of reach. Then what is the difference between me and the man that goes in to a bank with a gun and robs the bank that way. A thief is a thief is thief.

well said and because of this clown and his ilk we all have to pay a levy on any insurance policy meanwhile that smug bastard and his family sit back with 2grand a week each of living expenses that they said is not enough to survive on let them survive on the social welfare and then maybe they will see what they and their kind have done to this country. but they will walkaway regardless what the judge says because we could not lock up a businessman in this country they are above the law

@Lee Jones,

Do you know what’s funny, the people of Cavan still think he’s great! Reminds me of the people in Wexford/Wicklow that have nothing bad to say about M Wallace. And the many that think “The Penguin” aherene, Donoghue, Healy-Rae’s etc. etc. are still innocent and great men also.

Sad.

This result is a big “up yours ” to the general irish taxpaying public, i have been in court and seen people gettinf 7 days for contempt and getting sent down straight away for minor issues yet quin is still a free mand and told to behave and given a slap on the wrist, listen fgolks if you want to implement change in ireland we have to lead by example and the example here is if you are corrupt and rotten you walk away , as long as we let this continue nothing will change , ever!!!!!!

Can the Judge be charged with contempt of court and for the people.

Though I suppose, if people here didn’t lay back and take it lying down, this would not happen.

What was contemptible is the lies told by IRBC and. The gross destruction of Irish business. Who do think is going to employ all the stupid commenters here who can’t understand what they read. Who is paying your dole lads? Who in their right mind would run a spar shop in this anti business, anti hard work anti startup hole? I hope Seam Quinn hides everything and he and his family and all the other developers and brains and go getters never again employ another stupid paddy. Stupid stupid people

There can also be cases where the person is remanded to jail for an indefinite period, until they apologize or in a case like this purge the contempt by coming clean. I have a feeling that that only applies to people who call the Judge a “boll8x” or refuse to recognize the courts authority. For people that are trying to force a multi billion loss on to the taxpayers shoulders to protect themselves it will surely be only a wrist slap. A 3 day course on public ethics maybe for Sean?.

Agreed. In most western countries Sean Quinn would be spending the rest of his days on a single rickety bed for what was done since his empire collapsed.

Who to blame for allowing it to happen?! The Government, CAB, the Gardai? He was given enough time to plan it all. The law is an ass.

Rubbish Shiela. He’s to blame. Just because you can do something illegal doesn’t mean you should.

He was part of a circle of society in this country that just assumed that they could get away with everything and that they would never be pursued by the law because of who they were. Thankfully he’s been proved wrong. Hopefully this is just the start of the process of making a lot of these people accountable for their actions.

@ Jim

Wow! You’ve read me wrong! Of course he’s to blame! Every bit of him! I was talking about the length of time that the law has taken to get it to court. They have given him and his family time to hide accounts etc.

Sorry if I didn’t make that clear. ;) Jail for everyone of the family.

If Clare Daly had several hundred million in the bank they would treat her differently. Look at Sean Fitzpatrick, he had a serving Taoiseach Brian Cowen, carrying his golf bag on the Golf course at Druid’s Glen, weeks before the bailout. He has FF’s leading director of Elections for 30 years as a drinking buddy during the recent Euro.

Same with Sean Quinn, he can get Micheal Martin pegging away for him in the Dáil at the drop of a pin, he probably has Kenny’s mobile as well.

That’s a slightly misleading summation of what happened today.
Sean Quinn has been given the same opportunity to purge his contempt that Clare Daly was given.
Clare Daly refused and was jailed. Sean Quinn has been told he’ll be jailed if he refuses to purge his contempt within 3 weeks. What the individual court orders relate to is of no relevance to the contempt proceedings – it’s right that they both be afforded the same rights to purge their contempt.

This administration, the last one, the one before that.

Their is a warped sense of thinking in FG and FF that politics is about giving tarred roads to the masses and then warping the state and the economy to suit the economic needs of a very select few. It is about protecting the status quo but denying the next up coming business a chance to make it.

IBRC have backed themselves into a corner on this one. Fact is they dont really know how much the Quinns own or have hidden. In 3 weeks time Quinn and family come back to court with a token few million. That’s all we have your honour. What happens then? Does she jail them in which case it will cost the country even more and finish any chance they have of getting anything or does she let IBRC try to find the missing millions? Which will cost the taxpayer more in searches, legal fees etc. IBRC should have tried to do a deal with Quinn – they mightn’t have got the colour of the 2.3bn they claim they are owed but they would have got some. As it is anything they do get has been, or will be swallowed by lawyers. A case of the irresistible force against the immovable object.

Its hidden in a great big shopping center in the Ukrain that is well guarded and surrounded by surveilance cameras. If anyone didnt see the McIntyre (Snr) documentary on BBC should check it out. Makes for very good and enlightening .

It was his money. Anglo were attempting to rob him!! Wrong way round

This was only a contempt of court, Quinn’s will be brought back with the DPP case. In theory..

They are far from scapegoats, Jamie. Equally as squalid as Fitzy. Hopefully his turn will come soon.

@Jamie O’Callaghan

His time will come, be it in a court room or somewhere else. I’m delighted with this news. Maybe upstarts like him and his son/family will teach others a lesson in keeping grounded and remember where they came from.

Here’s to more being brought to justice.

Anglo used Quinn companies by loading them with 2.3 billion to prop up their shares. Quinn didnt even own the companies for the last 10yrs. Anglo went in and tried to take assets according to Dukes of 1.2 billion when there was only agreed debts of 450 million. Quinns fought back. Not many wouldnt. Course he is a scape goat, Anglo/ Government will have to show who in Central Bank, Regulators office ,Dept of Finance agreed to shovel the 2.3billion to support the shares in Anglo.

This all originally started with Sean Quinn taking a massive gamble on Anglo shares using Contracts For Difference.

They need to be sentenced, and sentenced very severely for what they have done, but they should not be the only ones. He got carried away and he destroyed his brilliant achievements, but no doubt it was Sean’s hubris that did it.

He will cost each household a 1000 euro if he gets away with this, but more importantly than that, the gom business culture will be rewarded and the next collapse and mass emigration event will be on its way in years to come.

Until we see people like Quinn held accountable and equal before the law to everyone else, until the fraud squad start breaking down the door of FF’s HQ, seizing records about who donated what, what was promised in return for that money etc, then we are going to only repeat the economic collapse in time.

It’s wrong to suggest that Sean Quinn is faultless here.
However, it’s also wrong to suggest that Quinn wasn’t conned by Anglo. His losses are due to his own poor investment decisions, but these were based on the fraudulent information provided to him so substantial blame has to go to Anglo.
It’s easy to say he’s the same as Seanie Fitz, David Drumm etc and that they should all be locked up together but that’s simply not the case.
His investments were foolish, but they were made in good faith based on the info provided to him and
he lost his empire, has been bankrupted, and may still go to jail as a result.
I’m not trying to paint him as the hero in this story, but to scapegoat him as the villain as he has been over the past week and months is to take a very narrow view of what’s happened.

Irish double standard…money really talks and………. Walks

So wrong! That judge should have jailed him, and his whole family. ‘Now be a good boy and stop moving/stealing money and I won’t punish you’. So unfair to the businessman with the ‘garlic tax’ he got six years and Quinn leaves court with hateful grin.

I wonder where is ‘off-shore’ bank accounts are and what name they’re under. I guess we’ll never know.

Sheila, agreed … You can be damn sure that there are accounts and transaction that have not been uncovered yet. Fair is fair, if this was a regular Joe Soap, their feet would not have touched the ground on the way to prison.

Dont think i will have a chance to even walk the street of dublin if it was me…

Private Bank Vs Private Company.
This shouldn’t be our problem.
Where are the conmen who decided to make it our problem?
Can we jail them and reverse that transaction?

What absolute nonsense. If you’ve done a search of the Irish planning records and found none for Quinn quarries, it might perhaps be that your looking at the wrong country’s planning records.
It would of course be “Real Irish”, for the UK planning authorities to allow illegal quarries in Fermanagh, even if you had some backup for this little gem

SQ and his type are as far away from the aspirations of the men and women of the 1916 – 1921 era as is possible. Read up on your history!

Then explain to me how the aspirations of 1916-1921 have been achieved to the betterment of the citizens.
From where I see it we have a political class that are only interested in self aggrandizement and when you take a leap of faith and think that maybe just maybe SINN FÉIN might be credible , you get one helping himself to the stationary cupboard and another buying a car to try justify a backdated expenses claim.

As long as you don’t equate something that happened over 90 years ago with the corruption that’s endemic now, that’s OK with me.

are you serious? do the same? they brought this country down..they are responsible for so many emigrating and putting the ordinary person under pressure to pay a debt that has nothing to do with them..you would have to be lacking in morals and a conscience to do the same…

Maybe, but if they did, like Sean Quinn and the other 2, they should be nailed to the jail floor for a very long time.

That he is not in jail now, is part of the insider gom business culture that has destroyed this country repeatedly over decades.

It also destroyed his business empire.

If he gets away with this, then I would strongly advise people who are thinking about setting up a business to do so ina foreign country, as this is a closed, rotten septic state where law is only decided by the degree of closeness to FF and FG.

Thomas I doubt I will meet Mr Quinn or family members in the DOLE QUEUE.

So what is the criteria here?

If he had only employed 6999 people would you accept he’s guilty of criminal actions that we are ALL paying for?

Corruption stinks. It doesn’t matter how many people you employ.

Censored – I never said he wasn’t guilty. We are all paying for mistakes politicians and bankers made and there is no talk of jail. It’s just funny how people always judge someone by a mistake they make regardless of the what they did.

I think this was a lot more than a “mistake”. It was a clear pattern of behaviour over many years, eventually resulting in the near destruction of our people. How come there’s always somebody who wants to defend the indefensible? It was the same thing with the paedophile priests.

Why bring priests into this? Politicians corruption can’t be excused and it was much more than bad behaviour over a number of years.

He lost it gambling. Why should the tax payer pick up the tab for his gambling?

Why should the taxpayer bail him out?