IBRC assets sell-off probe to be given new powers

Fresh legislation to empower a judge to fully investigate the sale of assets from the former Anglo Irish Bank could be ready next month, a meeting between party leaders was told.

Obstacles to the IBRC inquiry going ahead were discussed between Enda Kenny and party figures yesterday, at which it was agreed the probe should operate in a “modular” fashion.

Investigations into the circumstances surrounding the sale of Siteserv to a firm owned by Denis O’Brien is expected to be a priority under changed inquiry rules.