Businessman Seán Quinn said the decision by Anglo Irish Bank last week to remove him from the company and to appoint share receivers was the “greatest upset” of his entire business career.
In a statement this evening, Mr Quinn said mistakes in business should not result in a life sentence.
"Our mistake was to place an overreliance on the Irish banking system and the many predictions for continued sustained growth in the Irish economy from some of the country's leading financial services experts."
"My colleagues and I have spent the past year developing a proposal that is economically
sustainable and which would allow us to discharge fully all of our family's obligations to the Irish taxpayer."
"During this process we consulted with and secured the support of some of the most respected and experienced individuals in Irish and UK business. I am utterly convinced that our proposal could achieve the retention and increase of skilled employment in the group," he said.
Mr Quinn criticised some of the "inaccurate and false reporting" of the past week and appealed for coverage to be based on "fact rather than speculation."
Last Thursday, Anglo Irish Bank appointed accountants KPMG to take control of the Quinn family shares in the business. The bank's chief executive, Mike Aynsley, said it was owed an enormous amount of money by the Quinns, which they were not in a position to repay.
Employees have been told that there are no plans for any job losses.
Earlier today a large dumper truck was abandoned across the entrance to the Co Fermanagh headquarters of the Quinn Group today.
The vehicle prevented cars from going in or out of the Derrylin business after it was driven into bollards in front of the property.
A PSNI spokeswoman confirmed: "Police in Enniskillen are investigating criminal damage caused to the front of commercial premises in Derrylin. At 12.30am a large earth-moving vehicle has been driven into bollards at the front of the property and abandoned, causing damage to the bollards."
Lobby group Concerned Irish Businesses (CIB), which represents 550 Irish companies, criticised the actions of those responsible for parking the truck but said solidarity with Mr Quinn should be shown through peaceful means.
A spokesman said: "Quinn Group was built by Seán Quinn over a period of 37 years, and during that time personal relationships were built with customers, suppliers and staff alike.
"Those relationships were broken as of last Thursday, a day when over 90,000 signatures who had pledged their support for Seán Quinn were handed into relevant authorities. However, those in authority failed to recognise these people, and their wishes."