Sale of Siteserv based on 'misleading and incomplete information', commission finds

Sale of Siteserv based on 'misleading and incomplete information', commission finds

Fri, 13 May, 2022 - 20:24
Daniel McConnell,  Political Editor

The controversial sale of the Siteserv company to businessman Denis O’Brien in 2012 was based on “misleading and incomplete information,” a provisional finding of a State inquiry has found.

A highly debt-laden Siteserv was sold by the former Anglo Irish Bank to Millington, owned by Mr O’Brien, for €45m in 2012.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

Benefit image

Limited offer valid for new and returning customers. Annual billed once for first year. Monthly (discount first 3 months) billed monthly, then €12/month. Ts&Cs apply.

WhatsApp logo

Irish Examiner’s WhatsApp channel

More in this section

Strike action by school secretaries and caretakers suspended for fresh WRC talks Strike action by school secretaries and caretakers suspended for fresh WRC talks
16/9/2014 Civilianise Immigration Checks Structure Security Gardaí deport 42 Brazilian nationals in major immigration operation
Department of Children defends Tusla oversight as Kyran Durnin report nears publication Department of Children defends Tusla oversight as Kyran Durnin report nears publication
Person: Denis O’BrienOrganisation: SiteservOrganisation: Irish Banking Resolution Corporation
<p>Eli Lilly's pharmaceutical plant in Kinsale, Co Cork. Picture: Peter P Photos</p>

Weight-loss drugmaker says Irish plants will 'continue to play significant role'

READ NOW

Lunchtime News

Newsletter

Keep up with stories of the day with our lunchtime news wrap and important breaking news alerts.

Latest

Most Read

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited