Quinn contracts ‘would have netted them €36m each’

Seán Quinn’s family had employment contracts with Russian companies providing for multimillion termination payouts, including €26m for his nephew, Peter Darragh Quinn, and almost €15m for his son, Seán Jr, it has been claimed.

The Russian contracts also provided for €36m each for the bankrupt businessman’s daughters Aoife, Ciara, and Colette Quinn, the former Anglo Irish Bank has contended.

The existence of the alleged contracts with payouts in the event of termination was found on a damaged computer in Russia and is revealed in an affidavit to the Supreme Court, where Mr Quinn Jr is appealing against his conviction and imprisonment for contempt of court.