Quinn 'reluctantly agreed to loans'

Press Association
Updated
Sean FitzPatrick, the former chairman and one-time chief executive of Anglo Irish Bank leaves the Circuit Criminal court, Dublin, during the fraud trial of former Anglo Irish Bank executives. PRESS ASSOCIATION Photo. Picture date: Thursday February 6, 2014. See PA story IRISH Anglo. Photo credit should read: Brian Lawless/PA Wire
Sean FitzPatrick, the former chairman and one-time chief executive of Anglo Irish Bank leaves the Circuit Criminal court, Dublin, during the fraud trial of former Anglo Irish Bank executives. PRESS ASSOCIATION Photo. Picture date: Thursday February 6, 2014. See PA story IRISH Anglo. Photo credit should read: Brian Lawless/PA Wire

%VIRTUAL-SkimlinksPromo%Former billionaire Sean Quinn reluctantly agreed to loans from Anglo Irish Bank to unwind his secret share holding following a row with the bank's executives, a court has been told.

The bankrupt tycoon's second in command told the fraud trial of three ex-Anglo executives the plan was put forward at a series of meetings in hotels and over the phone.

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