Siteserv probe is widened to cover Anglo

All Anglo deals involving losses of over €10m to the State are to be probed after outrage over the contentious sale of Siteserv forced the Government to try and quell a growing political storm.

Following days of confusion over who would conduct the inquiry, the Government yielded to mounting concerns over why serious reservations raised by civil servants regarding the Siteserv sale were ignored.

Taoiseach Enda Kenny insisted the Government had “nothing to hide” as it was announced that KPMG — the liquidators of Anglo, rebranded IBRC — would probe the sale of Siteserv to a company controlled by billionaire Denis O’Brien which went ahead despite bigger offers being made.