Quinn expenses to continue from frozen accounts

Living expenses for members of businessman Sean Quinn’s family must continue to be paid from accounts frozen four years ago rather than from their personal accounts, the High Court has ruled.

Quinn expenses to continue from frozen accounts

Mr Justice Brian McGovern refused an application from a receiver appointed over their assets seeking to vary a previous order which would have allowed the money to come from their personal accounts first before any call is made on the frozen accounts.

The receiver had wanted a 2012 court order varied, arguing there were ample funds in the personal accounts to fund the expenses and, if there was any shortfall, they could then apply for it to be met from the frozen accounts.

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