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Latest Siteserv revelations raise very serious questions for Government - Adams

26 April, 2015 - by Gerry Adams TD


Gerry Adams said:

"It is now clear that the Government has been involved in a cover up of the emerging IBRC scandal.

"Since 2012, Sinn Féin's Pearse Doherty has raised queries regarding the various deals which saw debt write downs of debt by IBRC.

"When he asked how much IBRC had written off in debt forgiveness, he was consistently told that the overall total was commercially sensitive.

"And today, the Sunday Times reports that there was a surge in share activity a month before IBRC received the first bids in a confidential sale process for Siteserv.

"This obviously raises very serious questions for the Government. 

"The Taoiseach's response to this scandal has served to make the situation worse and to cause further concern among citizens. His  response has been to deny all knowledge of these issue.

"The decision to appoint liquidators who also acted for SiteServ to conduct a review has merely led to further cynicism about the Government's approach.

"The Taoiseach has the opportunity to redeem himself in this affair by establishing a Commission of Investigation. That remains the best way to get to the bottom of this scandal."

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