Belfast company set up to recover Quinn family’s overseas assets paid final $9m to Irish state ahead of its dissolution

A Belfast-based company set up to recover the overseas property assets belonging to the former Fermanagh billionaire Seán Quinn and his family has been dissolved following a final payment of $9.4 million to the Irish state.QIPG Refinance Limited was established in October 2012 as part of the efforts by the Irish Bank Resolution Corporation (IBRC) to go after Quinn International Property Group (QIPG) assets.The IBRC itself was formed in 2011 by the court-mandated merging of the by then state-owned Anglo Irish Bank and Irish Nationwide Building Society.It quickly moved to seize Quinn property assets in an attempt to recover some of the €2.9 billion Mr Quinn owed Anglo.The assets, which included office blocks, shopping centres and logistics warehouses, were once valued at around €500m, had be