Quinn and nephew ‘tried to dupe bank’

Bankrupt businessman Sean Quinn Sr and his nephew Peter Darragh Quinn were the prime movers of a “deliberate and deceptive” strategy to strip Quinn companies of valuable international property assets so as to put them out of the reach of Anglo Irish Bank, it was claimed in court yesterday.

Anglo, now Irish Bank Resolution Corporation and owed €2.8bn by Quinn companies, is seeking orders in the High Court for attachment and committal to prison of Sean Quinn Sr, his son Sean Jr and Peter Darragh Quinn over alleged contempt of court orders of June and July 2011 restraining dissipation of assets.

The defendants deny contempt and Peter Darragh Quinn also said his signature was forged on certain documents, the court heard.