Those interfering, and electioneering, ‘foreigners’ brought the Quinn Group’s campaign to the floor of the Northern Ireland Assembly today. More significantly, a last minute affidavit from the Quinn Group has prompted a week-long postponement of the Irish Financial Regulator’s action to put Quinn Insurance into full administration. From the BBC report
John Hennessy, senior counsel for the regulator, said officials had received a lengthy affidavit from the company this morning. “While it does not appear to go in substance into several of the very serious concerns of the regulator in this matter, it nevertheless merits careful consideration by the regulator and a response,” the lawyer said.