Belfast Telegraph

Workers sit-in to support Quinn

Protesters who occupied the Quinn Group's Co Fermanagh headquarters said they fear for jobs in the company without former figurehead Sean Quinn at the helm.

The demonstrators staged a sit-in at the building in Derrylin to highlight their support for Mr Quinn in the wake of the decision by Anglo Irish Bank to remove the company founder from the organisation.

Mr Quinn's family owes the bank £2.5 billion but many in the border region that formed the hub of his empire remain loyal to him, praising Mr Quinn for creating jobs in the area.

The protesters, who wished to hand in a letter raising concerns for the future of the group, reportedly only left the scene following a message from Mr Quinn asking them to do so.

Protester Padraig Donohoe said the removal of Mr Quinn only served to put the future of jobs in the company in jeopardy: "We feel there are going to be a lot of jobs lost."

He told the BBC it was the historic mismanagement of Anglo Irish Bank that was to blame for the crisis.

Underlining support for Mr Quinn in the area, and highlighting concerns for the workforce in the future, Mr Donohoe added: "He's the man who created this business 38 years ago, he's the man who gave 6,000 jobs to this area."

Anglo Irish Bank has appointed accountants KPMG to take control of the Quinn family shares in the business.

The bank said it was owed an enormous amount of money by the Quinns, which they were not in a position to repay, despite Mr Quinn's claims he had a strategy to repay the money.

Employees have been told there are no plans for any job losses.


From Belfast Telegraph