Quinn jnr going to Moscow for bank account details

The son of bankrupt businessman Seán Quinn will travel to Moscow on Monday to get statements on bank accounts held there by himself and other members of his family, the High Court has heard.

Seán Quinn jnr had offered to travel to Moscow as part of his efforts to purge contempt of court orders restraining stripping of assets from the family’s international property group.

Shane Murphy SC, for IBRC (in special liquidation), told Ms Justice Elizabeth Dunne yesterday a representative of the bank would meet Mr Quinn in Moscow and go with him to the offices of Ocean Bank. There had been “constructive engagement” with Mr Quinn, he added. IBRC has sought the statements to establish if the Quinns have disclosed all details of their assets and involvement with IPG companies. The Quinns say they have but the bank disputes that.

The Commercial Court has heard large sums from Russian companies were paid, on foot of contracts of employment dating from summer 2011, into the Quinns’ Ocean Bank accounts.