Quinns found guilty of contempt Sean Quinn and two members of his family have been found guilty of contempt of court for breaching court orders in a ruling that could lead to a prison sentence or a hefty fine. The judgment relates to claims by Anglo Irish Bank that Mr Quinn, his son Sean Quinn junior and his nephew Peter Quinn took steps to put international property assets beyond the reach of the bank in breach of a court injunction preventing them from doing so. The Dublin High Court on Tuesday ruled all three members of the Quinn family had opposed Anglo every step of the way in its pursuit of the property assets and they were in contempt of court. Ms Justice Elizabeth Dunne said she did not accept Sean Quinn's evidence, adding he was "evasive" and "unco-operative" during the trial. She said evidence given by Peter Quinn and Sean Quinn junior was untruthful and unbelievable. She said sentencing would be decided on Friday. Sean Quinn, once Ireland's richest man, told reporters after the judgment that he "was not untruthful." Anglo, which has recently been rebranded Irish Bank Resolution Corporation, alleges the three men were involved in a conspiracy to transfer the ownership of lucrative property assets in Ukraine and Russia to offshore companies in Belize and Panama. Anglo says it is owed almost €3bn by the Quinn family and is seeking to recover as much money as possible for taxpayers from the Quinn group's international property portfolio, which has an estimated value of €500m. The Quinns admitted to the court that they attempted to put assets beyond the reach of the bank. However, they claimed any steps they took were made before the High Court issued the orders in June last year. The property assets that have seen their ownership transferred include the 20-storey Kutuzoff tower in central Moscow, estimated to be worth $188m. Anglo is also seeking to overturn a court injunction preventing it from gaining control of the Ukrainian department store in central Kiev, which is worth about $80m. In a separate legal case that is pending, the Quinn family is disputing the legality of the €3bn debt Anglo says it is owed.