€400,000,000,000
A Colony Again.



Fresh plans for a €350m development overlooking Sandymount strand in Dublin 4, have been submitted by Liam Carroll's Fabrizia Developments. The plans differ substantially from the previous plans for a 30-storey tower and mainly commercial development which Fabrizia submitted for the former AIB sports grounds in Rinsgend.
Lochlann Quinn
When he is not acting as AIB chairman, Quinn works for Glen Dimplex, one of the country's largest private companies. It owns the Morphy Richards, Belling and Dimplex electrical brands. Quinn's 26 per cent of the company has made him bags of money.
But one of the conditions on which Quinn agreed to give an interview to The Sunday Business Post was that he would not discuss his private investments. He would prefer not to talk about his private business, he said, as it's hard to remain private in this country, and also because he will be returning full-time to the private sector when he leaves AIB.
A brother of former Labour leader Ruairi Quinn, the Glen Dimplex man owns half of the Merrion, Dublin's five-star hotel. He has also invested in Patrick Guilbaud's award-winning restaurant, which is now located next to the hotel. His 118-acre French vineyard in Bordeaux, Chateau de Fieuzal, which he bought last year for €45 million, supplies wine to his hotel.
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http://www.smurfitschool.ie/aboutsmurfit/advisoryboards/ireland/lochlannquinn/
Former Deputy Chairman and Finance Director of Glen Dimplex
Educated at Blackrock College and UCD, Lochlann Quinn qualified as a Chartered Accountant in 1966. He joined Arthur Andersen & Co. in London and, in 1969, he returned to Dublin to head up their audit practice in Ireland until 1980.
In 1980, he joined Glen Dimplex - a small, privately-owned Irish company - as Deputy Chairman and Finance Director. He was one of two shareholders – he has recently sold his interest. The company now has annual sales of $1.3 billion and employs 8,000 people in Europe and Canada.
Mr Quinn’s private business interests include: a hotel in Dublin; commercial properties in Dublin, London and Brussels; and a vineyard in Bordeaux.
He is Chairman of the National Gallery of Ireland and of the ESB, and a former Director of AIB Bank (1995-96) and Chairman (1997-2003), and former Director of the Irish Museum of Modern Art (1990-2000).
He graduated from University College Dublin (BComm 1962).
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By Ailish O'Hora
Wednesday November 28 2007
The Government has appointed former AIB chairman Lochlann Quinn as chairman of the ESB with effect from January 22 next year.
Mr Quinn will have a five-year term.
Commenting on the appointment Energy Minister Eamon Ryan said: "I am very pleased that Lochlann Quinn will be bringing his unparalleled experience in the business and energy wo
rld to the ESB board." Mr Quinn is a former chairman and director of Allied Irish Banks. He was deputy chairman of Glen Dimplex and is chairman of the National Gallery of Ireland._________________
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