Call for Perry to go public on debt deal

Embattled minister for small business John Perry faces demands to make a full statement about his finances and his secret deal with a Danish bank in restructuring €2.47m in debt.

Enda Kenny yesterday indicated that he had faith in his junior minister to continue his role in office.

But Fianna Fáil say Mr Kenny has left the door open on whether his minister should publicly explain how he has resolved his debts and whether he used his position during negotiations with bankers.

Party jobs spokesman Dara Calleary said that Mr Perry needed to make a full statement to the public.

“The Government has stonewalled the Irish people for too long on this issue. When this first became public, Fianna Fáil were clear that the minister should be given time to sort his affairs, but we were equally clear that the Irish people were entitled to reassurances that the minister did not abuse his position in dealing with the banks or the Revenue Commissioners and that he would not be given special treatment by virtue of his privileged position.”

Fianna Fáil want to know if Mr Perry complied with the ministerial code of conduct when dealing with his debt troubles. The party has already signalled that it will make a complaint to state’s political ethics watchdog.

Mr Perry used his formal ministerial title in correspondence with Danske on his private difficulties, according to court records.

The minister and his wife had faced a deadline at the beginning of this month of reaching a deal with the bank today to repay the loans they took originally out in Oct 2011. But the bank made an agreement with the couple.

Earlier, Mr Kenny told RTÉ that his minister’s tax compliancy was “now clear”. He also said that it was a matter for Mr Perry whether he should publicly reveal the details of his settlement with the bank.

“I am satisfied he can do his job as minister of state.”

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