Search for ibrc speaker:Michael McDowell (KildareStreet.com)

Seanad: Report of Commission of Investigation (IBRC) into Siteserv Transaction: Statements (12 Oct 2022): Michael McDowell: ...of investigation into the sale of Siteserv Limited to a company beneficially owned in the majority by Mr. Denis O'Brien is a matter of public interest. Siteserv was indebted to the State-owned IBRC to the amount of €156 million arising from its debts to Anglo Irish Bank. Accordingly, the terms on which it was sold concerned the people of Ireland as taxpayers and as guarantors of...
Seanad: Commission of Investigation (Irish Bank Resolution Corporation) Bill 2016: Second Stage (19 Jul 2016): Michael McDowell: ...why it is the case. As Senator Diarmuid Wilson stated, this commission of investigation arises mainly out of the Siteserv controversy. It is notable that on 25 April 2015, the former chairman of IBRC stated that the board had rejected a Department of Finance proposal to appoint a senior civil servant to the board on the basis that such an appointment would be unsuitable. In the same...

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