PRODUCT PROFILE

Latest Dublin Prices

Quinn gets 9 weeks jail for contempt

Friday, November 02 11:48:29

Former billionaire Sean Quinn senior was this morning sentenced to nine weeks in prison over his "outrageous" contempt of court.

The High Court found that Mr Quinn continued to strip millions of euro from international properties in defiance of the Court.

However, there could be a stay on that detention later today if Mr Quinn decides to go ahead with an appeal to the Supreme Courtyt against the findings of contempt made against him. The matter has been adjourned to 1pm to allow Mr Quinn consider if he wants to go to jail now or proceed with the appeal.

Miss Justice Elizabeth Dunne said today she considered a punitive sentence is necessary because the contempt of court was serious and outrageous and there was an egregious breach of court orders. Assets worth millions had been put beyond the reach of the taxpayer.

She referred to her previous findings of contempt against Mr Quinn and her rejection of his evidence in the contempt hearing as not credible, evasive and unco-operative. She had also found he had given his imprimatur to the asset-stripping scheme.