Quinn ‘put no cash in accounts’

One of Seán Quinn’s daughters has told the Commercial Court she opened four Dubai bank accounts after legal action was initiated to prevent the family stripping multimillion-euro assets in the Quinn’s international property group.

Aoife Quinn said not one cent was ever put into the accounts, which were opened in late 2011 or early 2012, “to have a Dubai bank account”.

She said that each account was opened in four different currencies — euro, sterling, dollars, and the local currency, dirhams.