Wednesday April 8, 2020

Mystery of Anglo share dealings now slowly emerging

Details are surfacing on the procedure used to unwind Sean Quinn’s 25 per cent stake in Anglo ? and it appears the taxpayer is again on the hook, writes Cliff Taylor

31st January, 2009

Did it turn into a battle of wills? Or was Sean Quinn pushed to cash in his contract for difference investment in Anglo Irish Bank by the Financial Regulator?

In what appears to have been a prolonged period leading up to the early part of last year, Quinn built a sizeable stake in Anglo Irish Bank through contracts for difference investments. Under stock exchange rules, Quinn was under no obligation to reveal the size of...

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