FF urges Noonan to clarify his department’s role in hotel loans row

Fianna Fáil has waded into the email exchange controversy between the secretary general of the Department of Finance, John Moran, and representatives of billionaire investors David and Frederick Barclay.

The party’s finance spokesman, Michael McGrath, wants Finance Minister Michael Noonan to make a statement on the email correspondence between Mr Moran and Richard Faber, who works for the Barclay brothers, in relation to property developer Paddy McKillen’s loans held by IBRC.

Mr McKillen is involved in a bruising legal battle with the Barclay brothers over the Claridges, Connaught, and Berkeley hotels in London.