Dáil debates
Wednesday, 6 May 2015
Sale of Siteserv: Motion [Private Members]
8:40 pm
Catherine Murphy (Kildare North, Independent) | Oireachtas source
The interest rate represented a subsidy. I cannot understand why this is not a factor, given that more money would have had to be borrowed to purchase the company. As I understand it, it was the State-owned AIB which put up the money for the purchase of Siteserv to Millington. I must say I find it really astonishing. Surely it is clear that the proposed review is not only conflicted; it is just not wide enough to give a true picture. KPMG should really recuse itself from the process because this will damage its reputation. This is not an independent review and it is essential that one is held.
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