Total borrowings:€2.85 billion
Ireland’s former richest man, Sean Quinn tops the borrowing pile, owing €2.7 billion to Anglo Irish Bank and €145 million to Bank of Ireland. PwC states the Quinn Group also owed €1.37 billion to its banks and bondholders. The accountants state it is “likely” the Quinn Group will have to be broken up, but they also note that the Fermanagh businessman had “resisted”.
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