IBRC liquidators slam 'inaccurate and misleading' Doherty comments on O'Brien loans

IBRC's special liquidators have disputed claims made in the Dáil last night about their dealings with businessman Denis O'Brien.

Sinn Féin's Pearse Doherty alleged the liquidators agreed a loan facility of €315m with Mr O'Brien nine months after the bank was put into liquidation, and after three earlier renegotiation attempts were rejected.

Meanwhile, Independent TD Catherine Murphy claimed the businessman was approached by IBRC staff telling him to increase his bid to secure SiteServ.

IBRC's special liquidators have hit back after a marathon debate in the Dáil last night led to two new claims about Denis O'Brien's banking arrangements.

The liquidators have as described as "inaccurate and misleading" comments by Sinn Féin's Pearse Doherty, alleging they agreed a loan facility of €315m with Mr O'Brien nine months after the bank was put into liquidation, and after three earlier renegotiation attempts were rejected.

The Finance Minister Michael Noonan has confirmed the inquiry into IBRC will investigate the claims.

Meanwhile Catherine Murphy highlighted more new claims - claiming that Denis O'Brien was not the highest bidder for SiteServ.