Consumers face €600m bill over Quinn deal
It is understood Anglo and Liberty are not willing to take on all of the company’s losses, so the Government will have to make up the shortfall, which could result in a levy for policyholders.
Responding to this, the Quinn family said it was a “truly appalling admission” by administrators appointed to the firm last year of the enormous damage they have caused to one of Ireland’s most successful companies in just 13 months.
