Insurance chief steps down after €3.5m fine

One of Ireland’s richest men has stepped down from his flagship business and been fined a record €3.5m by the state’s financial watchdog, it was revealed today.

Fri, 24 Oct, 2008 - 15:58

One of Ireland’s richest men has stepped down from his flagship business and been fined a record €3.5m by the state’s financial watchdog, it was revealed today.

Sean Quinn resigned as chairman of Quinn Insurance Ltd following a lengthy investigation by the Financial Regulator.

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CourtsHeathrowPlace: IrelandPerson: Sean QuinnPerson: QuinnPerson: James QuigleyOrganisation: Quinn Insurance LtdOrganisation: Fexco StockbrokingOrganisation: Quinn InsuranceOrganisation: Quinn GroupOrganisation: Financial RegulatorOrganisation: QIL
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