This afternoon.
South Dublin city centre.
Mick Cauil tweetz:
Whatever the protest Denis makes money …
Earlier: “Here We Are Again”
This afternoon.
South Dublin city centre.
Mick Cauil tweetz:
Whatever the protest Denis makes money …
Earlier: “Here We Are Again”
From top: Denis O’Brien; Catherine Murphy and Taoiseach Leo Varadkar
This afternoon.
During Leaders’ Questions.
Social Democrat TD Catherine Murphy raised the National Broadband Plan with Taoiseach Leo Varadkar and claimed there will be no competitive tendering for the plan as there is only one bidder up for the contract – a consortium which includes Denis O’Brien-owned Actavo, formerly known as Siteserv.
Ms Murphy didn’t name Mr O’Brien.
But she reminded Mr Varadkar how it was a Fine Gael Government which awarded Siteserv a contract in respect of Irish Water – with the sale of Siteserv from IBRC, formerly Anglo Irish Bank, to Mr O’Brien now the subject of a commission of investigation.
And she reminded him how it was a Fine Gael Government which awarded a mobile phone licence to Denis O’Brien’s Esat in the 1990s – a matter which became the subject of the subsequent Moriarty Tribunal.
Mr Varadkar said it wasn’t true to say there was no competitive tendering for the contract, saying there were many bidders but that it’s now down to one.
He said due diligence will be carried out.
He went on to speak about the importance of the National Broadband Plan but didn’t respond directly to Ms Murphy’s comments about Fine Gael.
She said:
“Just last week the Competition and Consumer Protection Commission was scathing about the potential monopoly within the waste sector. Yet, here we are, in this process, with only one bidder.
“And even that one remaining bidding consortium has changed so fundamentally from the initial bid, it’s almost unrecognisable from the entity which first entered the process. We had Eir and Siro exit the process while Enet remained on as the leader of the remaining consortium.
“In July of this year, SSE pulled out of the consortium. Enet replaced SSE with a State-backed Irish infrastructure fund. Yet, the consortium continued to morph and just last month, it emerged that Enet is no longer leading the consortium but is a partner, alongside other companies including Actavo, formerly known as Siteserv.
So Enet, the original bidder, is now only part of the consortium which is now led by a private investment firm called Granahan McCourt.
Taoiseach, surely you have concerns regarding the process and a substantial changes that have occurred within the bidding process since it was first launched.
You must surely be concerned with the links that will inevitably be drawn between previous controversial contracts being awarded and some of the same personnel involved in this consortium.
After all, it was Fine Gael in Government, when the Irish Water contracts were awarded to a subsidiary of Siteserv which is now the subject to a commission of investigation.
“It was Fine Gael who were in Government when the second mobile phone licence was awarded to Esat which then became the subject of the Moriarty Tribunal.
And it is looking like Fine Gael will be in Government when the National Broadband Plan contract is awarded to a consortium within which the same high-profile business people are involved.
Taoiseach it is vital that this process, for awarding the tender, is above reproach. Would it not be better and more pertinent to ask the questions now before any contract is awarded to make sure that there is absolute public confidence in both the process and the outcome.
My questions are: are you satisfied that the bidding process, where there’s only one bidder involved, it will deliver broadband and best value for money?
Do you have concerns regarding the sustainability of the remaining consortium given that it has changed so much since it entered the process and who’s stable will that be into the future.
And are you satisfied that the money spent thus far, in the process have achieved the desired outcomes?”
Mr Varadkar said he was satisfied that the tendering process had been “robust”.
Previously: ‘Too Often In Ireland We Ask The Pertinent Questions After The Fact’
Previously: ‘543,000 Families And Businesses Do Not Care What Name Is On The Side Of The Van’
From top: Logo for Actavo, formerly Siteserv, Minister for Communications Denis Naughten
Last week Minister for Communications Denis Naughten revealed that Denis O’Brien’s Actavo, formerly known as Siteserv, was part of the final consortium bidding for the national broadband plan (NBP)
The Public Accounts Committee (PAC) has accepted a request to quiz Department of Communications officials on the tendering of the contract, following an appeal from Social Democrats co-leader Catherine Murphy.
Ms Murphy has asked the public spending watchdog to ‘consider why some companies exited the tender process and also to review the circumstances which preceded the opening of the tender process’.
Ms Murphy said:
“It is absolutely fair to point out that the entire tendering process has substantially changed since it first began.
We now find ourselves in a situation where some parties have exited the process leaving only one party vying for the lucrative contract. In addition, the one remaining consortium has itself changed substantially since it first entered the process.
I also think we need explanations about the circumstances which preceded the process, including the contract for the MAN’s and how that might have affected the valuation of Enet & the State’s subsequent purchase of a large portion of Enet.
The roll-out of the NBP is the next vital piece of communications infrastructure in this country and it is vital that when the contract is awarded there are no questions left hanging regarding the robustness of the process.
Too often in Ireland we ask the pertinent questions after the fact and end up dealing with legacy issues so this time I am asking that we address those questions before the contract is awarded.”
Previously: ‘543,000 Families And Businesses Do Not Care What Name Is On The Side Of The Van’
Denis O’Brien
Digicel Group was huddling with its creditors on Tuesday after they summarily rejected a plan to swap out US$3 billion of the telecom’s bond for longer term debt, a proposal that would have given the company a two-year reprieve.
It also extended the deadline for accepting the offer by three weeks, from September 28 to October 19.
…The company has been liquidating assets as a means of generating cash, but its efforts have been judged inadequate by ratings agencies, leading to credit downgrades. At last estimate, Digcel Group’s leverage was around 6.5 times its adjusted earnings.
Three beeelion dollars.
*touches side of lips with pinky finger*
Digicel extends refinancing offer as bondholders revolt (The Jamaica Gleaner)
Pic: Bloomberg
“Sell everything!”
He’s good.
But he’s no Ukraine International Airlines inflight magazine guy.
Or Vladimir Savčić for that matter
But still.
Available to buy from Alamy
Thanks Otis Blue
Hello you.
This afternoon.
Dublin Castle, Dublin 2
Former US President Bill Clinton and Denis O’Brien at the Concern Worldwide 50 years ‘Tackling Extreme Poverty ‘ conference.
Good times.
Previously: Legal Coffee Drinker: A Serious Judgement Call
Sasko Lazarov/Photocall Ireland
Meanwhile…
Did Denis O'Brien turn up at the Concern 50th anniversary gathering in Dublin Castle today, which was attended by Bill Clinton.
Denis is on the board of Concern Worldwide USA. In Ireland, he is central to market abuse/hacking investigations by the corporate watchdog. pic.twitter.com/XE3l7LCesC— NAMAwinelake (@namawinelake) September 7, 2018
This evening.
Phoenix Park, Dublin.
Derek F writes:
Nice to see an Isle of Man/Maltese owned company under tribunal investigation getting a state contract and a nice slice of the €32m + pie. #AbuseFest..
Previously Siteserv on Broadsheet
Denis O’Brien; The Story So Far broadcast last night on RTÉ One
Just realized part of my TV licence fee went on Bill Clinton telling me that #DenisOBrien has a place in Heaven
… Jesus wept.
— Ciaran Tierney (@ciarantierney) July 4, 2018
#DenisOBrien It is further proof of why the wealthy and powerful have the benefit of nullifying all evidence by airing it in tribunals rather than facing a legal case investigated by Gardai and Courts of law. Unless of course they want to sue someone themselves.
— Wheelbrace Dwyer (@DwyerWheelbrace) July 4, 2018
Best line in that #DenisOBrien thing was Lowry with a straight face reminiscing on the ‘bounce of a ball’ Esat got 🤣🤣
— spend_it_or_else (@fiatfarce1) July 4, 2018
Fuck off Bill Clinton. #DenisOBrien pic.twitter.com/SDsUX3Ppx2
— 🇺🇾 MOOT 🇨🇴 (@MootIreland) July 4, 2018
Crooked, thin skinned, greedy, vindictive, litigious tax dodger or stitched up misunderstood humanitarian? You decide! #DenisOBrien #thestorysofar
— Aidan Reilly (@ajpreilly) July 4, 2018
Last night.
Twitter reaction to RTÊ documentary, Denis O’Brien: The Story So Far.
Yesterday: Your Last Malta Teaser
This Wednesday at 9.35pm on @RTEOne @davidmurphyRTE profiles Denis O’Brien, the richest native born Irishman in the world and one of the country’s most controversial businessmen, from his start as a travelling salesman in the US to building a billion euro empire at home & abroad. pic.twitter.com/OGdaiYW5ld
— RTE One (@RTEOne) June 30, 2018
Tonight.
At 9.35pm, on RTÉ One.
RTÉ’s business editor David Murphy presents a documentary profiling troubled tycoon and Malta resident, Denis O’Brien.
*popcorn*
RTÉ One will broadcast a feature length documentary profiling businessman Denis O’Brien next week.
Lawyers.
Set your VHS players.
Gareth Naughton writes:
In ‘Denis O’Brien: The Story So Far’, RTÉ’s David Murphy follows O’Brien’s business career from early ventures including a home shopping channel which collapsed, his early successes in radio, the launch of telecoms group Esat and the controversial award of the second mobile phone licence.
It includes an interview with Michael Lowry
…Former US President Bill Clinton
..and contributions from former INM executives Gavin O’Reilly and the company’s late chairman James Osborne.
FIGHT/Sue!/Injunct!
Denis O’Brien: The Story So Far will air on RTÉ One on Wednesday, July 4 at 9.35pm.
Pic: Getty