Quinn Group paid family and related firms €61m in two years

Quinn Group paid €61 million to the Quinn family and family owned companies in two years, new figures for the group show.

28th May, 2011

Quinn Group paid €61 million to the Quinn family and family owned companies in two years, new figures for the group show.

The group, which is now under the control of Anglo Irish Bank, bought goods and services worth €24.3 million from the family and their firms that year, on top of €30.8millionthe previous year.

In January 2010, shortly before the group’s main business, Quinn Insurance, was put into administration, another €6 million ‘‘was...

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