Sean Quinn under bankruptcy investigation
Sean Quinn will be investigated by Anglo Irish Bank for selling land to his five children only weeks before filing for bankruptcy in Belfast, according to the Irish Independent.
The article stated that Mr Quinn sold property sharing the same address as his family home in County Cavan to his children for €100,000 in early October.
He was declared bankrupt on 11 November over an alleged €2.8bn debt to the bank.
The newspaper added that the sale, including the size and value of the property, was expected to be queried by the bank - now known as the Irish Bank Resolution Corporation (IBRC) - which would return to court to overturn the bankruptcy notice.
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