Sean Quinn

“Sean Quinn has said he has a plan which will allow him to repay his family's vast bank loans within seven years.”

“Speaking to broadcaster RTE Mr Quinn said all profits from Quinn Insurance would "go to the reduction of the Anglo debt, 100% of it".”

“"In seven years times, we have a projection to 2017, we would have made enough profit in the meantime, plus the value of the company, in seven years time would clear 100% of the debt," he said.”

“He said the debt was secured on "property throughout the world, in nine countries".”

“He said the value of that property was about 1bn euros”

“but that the 2bn euros gap between the Quinn assets and the bank debt could be "very easily paid back".”

“In seven years times, we have a projection to 2017, we would have made enough profit in the meantime, plus the value of the company, in seven years time would clear 100% of the debt," he said.”

“Mr Quinn owes Anglo Irish Bank 2.8bn euros.”

“He has a 15% in the bank which is now under state ownership in the Irish Republic.”

“Mr Quinn told RTE that the debt was secured on 'property throughout the world, in nine countries'.”

“He said the value of that property was about 1bn euros.”

“the 2bn euros gap between the Quinn assets and the bank debt could be 'very easily paid back'.”

“They're laid off by the most profitable insurance company in Ireland for 10 consecutive years, margin-wise.”

“When you're laid off because Sean Quinn, the chairman, lost three billion in shares, it's tough, it's tough.”