Noonan under pressure to address Siteserv questions

Finance Minister Michael Noonan will this week come under pressure to answer growing questions around how his department addressed concerns about the sale of Siteserv by IBRC.

A Dáil debate will take place on the controversial sale by IBRC, formerly Anglo Irish Bank. Separately, it has also emerged in the wake of the Siteserv controversy that talks between IBRC and the Quinn family to settle a multi-billion euro court battle have broken off.

IBRC former chairman Alan Dukes said at the weekend the bank had given the department monthly updates on deals and its activities. But Mr Noonan’s officials said the earliest record his department had of Siteserv is dated in late-March 2012, a few days after IBRC approved its sale.