Government called to focus IBRC inquiry on controversial Siteserv sale

Growing criticism over the botched inquiry into IBRC’s transactions has prompted calls for the Government to prioritise a probe into the controversial Siteserv sale.

The calls have come after the inquiry looking at taxpayer losses from sales of assets by IBRC, formerly Anglo Irish Bank, revealed serious obstacles that could prolong the probe for “several years” and lead to significant costs.

In his interim report to Taoiseach Enda Kenny, inquiry chairman judge Brian Cregan outlined a series of reasons why the probe into 38 IBRC deals has come to a sudden halt.