Fresh questions to answer over ‘misplaced’ IBRC files

“Misplaced” Siteserv files suddenly discovered by the Department of Finance have thrown up new questions for the Government amid claims it deliberately tried to hide the information. 

IBRC board meeting minutes found as a commission of investigation was set up on Wednesday night show the State lost €9m more on the Siteserv sale to billionaire businessman Denis O’Brien in March 2012 than previously believed.

They also show a key IBRC board member who was directly involved in loans for Mr O’Brien attended the board meeting which signed off on the Siteserv deal despite officials saying he was kept separate from the decision.