Saturday February 22, 2020

Battle lines drawn in showdown between Quinn and auditor PwC

Court told of Quinn Insurance bosses' ‘pattern of behaviour’ that didn’t benefit firm

18th February, 2018
2
The Dublin headquarters of Big Four professional services firm PwC Picture: Feargal Ward

A “pattern of behaviour” at Quinn Insurance Limited (QIL) over many years involved management carrying out transactions which were not for the benefit of the firm or its customers, the Commercial Court has heard.

The claim is made in an affidavit filed by a senior audit partner at PricewaterhouseCoopers (PwC), which is defending an epic €900 million negligence claim brought by the collapsed insurer.

Joint administrators Paul McCann and Michael McAteer were appointed...

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