Seán Quinn group pays out €200m to his five children
The €200 million payment to Quinn family members was made in the course of 2008 and was taken from shareholders’ funds at the company. Mr Quinn’s five children – Colette, Seán Jr, Ciara, Aoife and Brenda – each own one fifth of Quinn Group, which controls the bulk of the family’s business interests. A spokesman for the company said the payment was made “to facilitate the development of their independent wealth portfolios”.
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