No permission given for credit union loan: Sinn Féin

A Sinn Féin internal inquiry into the party’s Cobh branch has concluded a credit union €7,000 loan was secured without party permission and that large amounts of monies were withdrawn and not repaid.

Cobh councillor Kieran McCarthy was expelled from the party this week and told that after “financial irregularities” being found at the Cork branch, that additional information has emerged.

Mr McCarthy confirmed that he had received a new email from Sinn Féin last night about his expulsion but refused to comment further, saying: “It has no evidence”.