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Nephew of bankrupt billionaire Sean Quinn in hiding after court conviction

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Irish police trying to locate Peter Darragh Quinn, who was found guilty of contempt of court

The nephew of Sean Quinn, Ireland's one-time richest man, remains in Northern Ireland after being sentenced to jail for contempt of court in Dublin.

Gardai visited Peter Darragh Quinn's addresses in the Republic but it is understood he is still across the border in County Fermanagh and outside their jurisdiction.

His cousin, Sean Quinn junior, was due to be transferred from Dublin's Mountjoy jail to another prison in the Irish Midlands on Saturday.

The pair were sentenced to three months in prison at the Dublin high court for moving hundreds of millions of euros out of the reach of the now stated-owned Anglo Irish Bank.

Sean Quinn senior was found guilty of the same offence but avoided jail. Instead he was ordered to co-operate with the state-owned Irish Bank Resolution Corporation (IBRC), which is attempting to find the estimated €500m (£390m) the Quinns are accused of hiding.

The former Anglo Irish Bank claims it is owed around €2bn by Sean Quinn and his business empire, money that will be channelled back to the taxpayer. Quinn's legal team claim that imprisoning his son is a form of hostage-taking by the state to force him to find the missing money.

The Police Service of Northern Ireland said no European arrest warrant had been issued for Peter Darragh Quinn. A warrant has to be issued before a suspect can be extradited from UK territory to the Republic.

The IBRC discovered that the mission millions had disappeared into a complex web of companies the Quinn family controlled across the world. Sean Quinn senior's downfall began when he started borrowing heavily from the Anglo Irish Bank to finance a property empire stretching from Ukraine to the Gulf.


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