Insurance Post

Quinn family seeking compensation from state in £3.6bn lawsuit

Judge's gavel

The family of Quinn Insurance founder Sean Quinn has filed a €4.5bn (£3.6bn) lawsuit against the Central Bank of Ireland, the Minister of Finance and 10 directors of the Anglo Irish Bank.

According to the Irish Times, the family alleges the business folded as a result of illegal lending by Anglo. It accuses the Central Bank of knowing, encouraging and allowing Anglo to lend more than

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