Court hears allegation of bogus transactions intended to put millions in Quinn Group assets beyond bank's reach

A company connected to an advisory firm which has advised members of businessman Sean Quinn's family, is allegedly behind the "cash extraction" of some US$15m from an Indian company in a number of bogus transactions, it has been claimed in the Commercial Court.

Court hears allegation of bogus transactions intended to put millions in Quinn Group assets beyond bank's reach
Mon, 22 Jan, 2018 - 17:20

By Ann O'Loughlin

A company connected to an advisory firm which has advised members of businessman Sean Quinn's family, is allegedly behind the "cash extraction" of some US$15m from an Indian company in a number of bogus transactions, it has been claimed in the Commercial Court.

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