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Troubles in Quinn Country

Bloomberg Businessweek

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July 06 - 13, 2020

In the Irish borderlands, Sean Quinn was always known as a tough businessman. But he was hugely successful and created thousands of jobs. A local hero. And then it all went wrong

- Kit Chellel and Liam Vaughan

Troubles in Quinn Country

Kevin Lunney’s mind wandered as he drove up the country lane to his home in Kinawley, County Fermanagh, a few miles north of the invisible line where the United Kingdom ends and the Republic of Ireland begins. It was September 2019, an unusually bright afternoon. He reminded himself to mow the lawn. Perhaps it would be his last chance to do so before winter.

Before he reached the house, as he later told the BBC, Lunney noticed a white car parked up ahead, engine idling. The road was narrow, barely wide enough for a single vehicle, and enclosed on both sides by thick hedgerows. As Lunney slowed his SUV to a stop about 30 yards away, he felt his pulse quicken. Fermanagh is an insular place at the best of times, where unfamiliar cars attract suspicious glances. Lately, events at his employer had everyone on edge.

Lunney was a director at Quinn Industrial Holdings, an offshoot of a vast manufacturing and insurance conglomerate that had gone through an acrimonious breakup and wound up in the hands of hedge funds. Ever since, QIH had been the target of sabotage, arson, and death threats—the kind of activity not seen since the dark days of the Troubles.

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