Enda Kenny slammed over broken IBRC promise

At the centre of the allegations are major write-offs by the bank of debt relating to 38 people, at a cost to taxpayers of €1.2bn. These huge right-offs are to be probed as part of the commission of investigation which is looking into Denis O’Brien’s Siteserv company, Millington, which saw the taxpayer hit with a €119m loss.
Under mounting pressure last year, the taoiseach was forced to order a commission of investigation into the sale of SiteServ and other transactions at the IBRC.