Former IBRC chairman Alan Dukes and CEO Mike Aynsley in June, 2010
The Commission of Investigation will examine whether there is “prima facie evidence of material deficiencies” in the performance of those acting on behalf of IBRC, including board members, directors and management in relation to transactions.
It will also look at the staff of the IBRC’s wealth management unit… The interest rates, extension of interest rates or period of repayments that were given by IBRC, which resulted in a loss of more than €4m in interest, will be examined.
Unusual share trading which would give rise to concerns of insider information being improperly provided will also be investigated in relation to the transactions. The commission will report back by December 31…
Hmm.
BRC commission to report back by end of year (RTÉ)
(Mark Stedman/Photocall Ireland)
Are we going to get a snap election in November so?
Is this why Kenny is enthusiastically opening bottle banks in Mayo?
They won’t and nobody will notice because it’ll be New Year’s Eve. A stupid date to set… Huge unless you need a distraction.
Apparently Pearse Doherty has dropped another [REDACTED] bombshell in the Dáil:
Gavan Reilly @gavreilly 37m37 minutes ago
Correction of earlier Doherty tweet: He claims DO’B had deal with IBRC where it would get 92.02% of all Digicel dividends above $50m+ #dail
Broadsheet, RELEASE THE HOUNDS!!!