Quinn to pay €10,000 a year from future income for the next two years.

Former billionaire Sean Quinn must pay €10,000 a year from any earnings over the next two years to the court official who has been overseeing his bankruptcy.

Mr Quinn will be discharged from bankruptcy on Friday.

He was declared bankrupt at the High Court three years ago.  

This morning, lawyers for the Official Assignee, the court official overseeing his bankruptcy, said he had interviewed Mr Quinn in the light of reports that he was returning to some of his former businesses.

Senior Counsel Bernard Dunleavy said Mr Quinn had made an offer in relation to any future income he might enjoy and that offer was satisfactory.

The High Court ordered Mr Quinn to pay €10,000 a year to the Official Assignee for the next two years as agreed between the two sides.

Under the Bankruptcy Act, the Official Assignee can make an application in relation to the income of a bankrupt regardless of the fact that he or she is due to be discharged.