Noonan: We stated information about Siteserv sale meeting 'as we knew it'

Minister for Finance Michael Noonan has moved to correct the record of the Dáil - after confirming his Department did, in fact, have important documents relating to the sale of Siteserv.

Noonan: We stated information about Siteserv sale meeting 'as we knew it'

Minister for Finance Michael Noonan has moved to correct the record of the Dáil - after confirming his Department did, in fact, have important documents relating to the sale of Siteserv.

Minister Noonan last night revealed he had received a copy of the records from an IBRC meeting where the sale was agreed - after earlier claiming IBRC had not sent a copy to his Department.

The new documents show that the sale by IBRC to Denis O'Brien's Millington firm resulted in the bank writing off debts of €119m, not the €100m figure previously reported.

The SiteServ sale will now be among those investigated by a Commission of Investigation after

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Minister Noonan claims it was a simple misunderstanding - and that none of the senior officials in the Department have any memory of seeing them before.

"The four key officials, in order of importance, who were dealing with this, have all moved on, and are no longer in the Department of Finance," he said.

"They were contacted by telephone, and they had no memory of seeing any of these documents.

"So we put out the information, as we knew it."

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