Sean Quinn ordered to repay £358m
The founder of Quinn Group, Sean Quinn, has been ordered to pay the former Anglo Irish Bank €417m (£358m) by the High Court in Dublin.
The Belfast Telegraph reported that Mr Quinn still owed the Irish Bank Resolution Corporation (IRBC), formerly Anglo Irish Bank, in the region of €1.6bn (£1.3bn) and that the bank had succeeded in getting the court to order Mr Quinn to repay €417m.
The decision on the remainder of the debt has been adjourned until 28 November.
According to the report, IRBC is actually seeking repayment on loans of €2bn (£1.7bn) from Mr Quinn but the situation has been complicated by Mr Quinn being declared
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