20/07/2012

Arrest Warrant Issued For Nephew Of Sean Quinn

An arrest warrant has been issued for the arrest of businessman Sean Quinns nephew after he failed to appear in court.

All efforts to contact Peter Darragh Quinn this morning were unsuccessful.

Quinn, his son and Darragh were found to be in contempt of court in June this year.

Quinn and his son were present in court today, and they were given three weeks to comply with a series of court orders.

IBRC has asked the court to consider sending Seán Quinn Jnr and Peter Darragh Quinn to jail for contempt while leaving Seán Quinn free to comply with court orders.

The court was told by Mr Quinn's lawyers he swore the affidavit between 2am and 3am this morning and he seemed fine.

Today Ms Justice Dunne is expected to be shown a video which the bank claims showed Peter Quinn and Sean Quinn Jnr discussing movement of money at a Ukraine meeting and showed Peter was "prepared to lie" to the High Court.

If the men are jailed, the bank could still be facing a major loss if the assets have been moved beyond the control of the Quinns.

(CD/GK)

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