Siteserv; Social Democrats co-leader Catherine Murphy; Denis O’Brien
You may recall the Siteserv sale back in 2012.
Denis O’Brien owed Anglo Irish Bank hundreds of millions.
Siteserv owed Anglo Irish Bank €144 million.
Denis bought Siteserv debt-free for €45 million.
You will find a detailed background to the deal here.
Since then a Commission of Investigation, led by High Court judge Brian Cregan, has been tasked with investigating the sale of Siteserv to Denis O’Brien, and other matters.
In 2017 Catherine Murphy, of the Soc Dems, submitted a 300-page statement to the Commission detailing her research into the sale.
The commission later wrote to Ms Murphy saying, if she doesn’t reveal her sources, “it may not be possible to advance some of the issues raised” by her.
Further to this…
In The Irish Times.
Jack Horgan-Jones reports:
Social Democrats TD Catherine Murphy will not appear at the Siteserv inquiry as she fears she will be forced to reveal the sources of her information about businessman Denis O’Brien’s finances, The Irish Times has learned.
In a 10-page letter to the Cregan commission, parliamentary lawyers acting on Ms Murphy’s behalf argue that if she were to attend, she would be cross-examined by lawyers acting for other witnesses on “the source or sources of information” she relied upon when making statements about Mr O’Brien and the deal that saw him buy infrastructure company Siteserv.
“The commission is unable to afford any reassurance to Deputy Murphy that such cross-examination will not be permitted or that she will not be required to answer the questions put to her in the course of such cross-examination,” the letter, seen by The Irish Times, states.
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