Sean Quinn is ordered to pay back state bank

BANKRUPT billionaire Sean Quinn was yesterday ordered to repay €1.7bn (£1.5bn) to a state-owned bank in the largest judgement ever against an individual in Ireland.

Quinn, whose €4bn empire collapsed after a disastrous investment in Anglo Irish Bank before its 2009 nationalisation, was ordered to pay the lender €417m, bringing his total liability to €2.1bn.

Anglo Irish has recently been renamed the Irish Bank Resolution Corporation.