QUINN Industrial Holdings (QIH) has strongly denied what it called “mischievous rumours and innuendo” in the wake of the vicious attack on company director Kevin Lunney.
Since the shocking attack on the QIH’s chief operating officer in September, during which his attackers threatened to kill him if he did not resign, speculation has been rife and the local rumour mill has been on overdrive. Most recently, it had been rumoured both Kevin Lunney himself and his brother Tony Lunney were preparing to leave the company.
QIH has categorically denied this, stating there has been much conjecture surrounding the company in the wake of Mr Lunney’s abduction and assault, which is currently the subject of a cross-border police and Garda investigation.
A company spokesman said: “QIH continues to be a focus of mischievous rumours and innuendo, not least that some or all of the directors are set to depart the business.
“All of this speculation is baseless and without foundation and is clearly intended to distract from the ongoing investigations into criminality and pursuit of the paymaster.”
All of the directors of the company are understood to remain under police or Garda protection since Mr Lunney was kidnapped and tortured on September 17th. The attack came after years of intimidation and threats against the directors, which included cars being set alight outside some of their homes.
Several of the company directors are believed to have met with QIH’s American investors last month, after which the message was “business as usual” at the company.
The cross-border investigation into the attack on Mr Lunney is continuing. Four men are currently in custody accused of kidnapping and assaulting the Kinawley man, and are due to appear in court again this week.
At the beginning of November, the chief suspect behind the attack died during a raid on a house where he was staying in England.
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Posted: 8:30 am December 11, 2019