We had nothing to do with Anglo failure

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29/07/2012 16:15:14Back to Anglo Irish Bank Ireland Home

Former tycoon Sean Quinn has denied his gamble on shares in the former Anglo Irish Bank collapsed the rogue lender and Ireland’s banking system.wholesale nfl jerseys from china

The bankrupt ex billionaire refuted suggestions his secret buying of a 25% stake in the bank led to Ireland’s 61bn bank bailout.

Quinn agreed his actions helped to destabilise Anglo earlier than it would have happened.

He said: “If you’re asking me, did we have anything to do with the failure of Anglo, definitely not. As regards losing 33bn, we had zero effect on that.”

Quinn said he would not accept any responsibility for the Government’s controversial bank guarantee in September 2008.

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