Rumours of resignations from high places in INM. #rumour
— Oireachtas Retort (@Oireachtas_RX) April 11, 2012
Tag Archives: Denis O’Brien
“But before The Gathering [tourism initiative] – this June I look forward to welcoming many of the American Ireland Fund’s supporters to Castlemartyr in County Cork to its Worldwide Conference – just another sign of your continued commitment and support to Ireland.”
Enda Kenny, March 19.
The conference will include the final stages of the Ireland Funds’ Business Plan Competition.
And the co-chairman of the judging panel is…
Denis O’Brien.
Related: Deafening FG Silence On O’Brien Is No Surprise (Vincent Browne, Irish Times)
Denis O’Brien
The story so far:
Denis O’Brien owes Anglo hundreds of millions.
Siteserv owes Anglo €144 million.
Denis buys Siteserv debt-free for €45 million in cash.
Now?
A FRENCH company has claimed it was denied the opportunity to make an offer for Irish company Siteserv…The Altrad group, which owns companies in the same areas of business as Siteserv, said at the weekend that it had been prepared to offer €60 million for the Irish firm. But it was effectively denied the opportunity because its representative was told the Irish group was not for sale.
Also:
Yesterday, the Sunday Business Post reported that the underbidder for Siteserv is understood to have offered a higher price for the company. Sources said that Australian hedge fund Anchorage Capital had put more money on the table, but elements of the offer were considered less attractive then the O’Brien bid, the newspaper reported.
Oh.
Firm claims It was Excluded From Siteserv Sale To O’Brien (Barry O’Halloran, Irish Times)
French Company Unhappy With O’Brien’s Siteserv deal (Daily Business Post)
Scrum
atSpeaking at Dublin Innovation Summit with Denis O’Brien. Media scrum outside. Probably not there for me…
— johnbeckett (@johnbeckett) March 30, 2012
Meanwhile…
Denis O’Brien speaking at conference in DBS tomorrow. Have to email questions by close of business today. Suggestions?
— Ciarán Mc Mahon (@CJAMcMahon) March 29, 2012
Minister for Public Expenditure and Reform Brendan Howlin has backed Cabinet colleague Joan Burton’s comments that the Government has to review its contact with businessman Denis O’Brien.
Speaking in the Dáil today, Mr Howlin said: “There should be a consequence for those well-known people or not against whom adverse findings are adduced by a tribunal of inquiry”.
Howlin Backs Comments On O’Brien (Maire O’Halloran, Irish Times)
Yesterday: Bringing Denis Down To Size
(Eamonn Farrell/Photocall Ireland)

Joan Burton in the Dail today on the Mahon and Moriarty tribunals and 42 threatened libel actions.
Forty two.
“The Mahon report is only one of many reports which have uncovered dodgy dealings at the interface between business and politics. Some of these reports merely confirmed what was already reported by journalists, several of whom have been silenced as a result of libel threats from powerful people anxious to avoid a media spotlight on their secretive dealings. I know a bit about this because I have been threatened with 42 libel actions. The purpose of these threats was to threaten, silence and cost journalists and people like me.
The Moriarty tribunal was established in 1997 to investigate the financial affairs of the former Taoiseach, Charles Haughey, and the former Minister for Transport, Energy and Communications, Deputy Lowry. The tribunal’s final report, which was published last year, detailed the investigation into possible links between a businessman, Denis O’Brien, and Deputy Lowry, who awarded the second mobile telephone licence to Mr. O’Brien’s consortium in 1995.
…The report stated: “it is beyond doubt that…Mr. Lowry imparted substantive information to Mr. O’Brien, of significant value and assistance to him in securing the licence.” The report also found that Mr. O’Brien made or facilitated payments to Mr. Lowry of a combined STG£447,000 and support for a loan of £420,000. The Taoiseach stated at the time of the report’s publication that the tribunal had found seriously and serially against Deputy Lowry and others who are major players in Irish business and public life. He rightly referred the report to the Garda Commissioner, the Director of Public Prosecutions and the Revenue Commissioners.
There has been considerable public and political unease about the fact that Mr. O’Brien has continued to pop up at various public events, most recently at the New York Stock Exchange. However, the Taoiseach was invited to attend that stock exchange event. The organisers of the event not the Office of the Taoiseach decided who was on the balcony for the bell ringing ceremony. It is perhaps time for the Government to reflect on how it should in future interact with people against whom adverse findings have been made by tribunals.
We do not want to return to the days of, “uno Duce, una voce“, the immortal phrase which the former Fianna Fáil press secretary P.J. Mara, himself a tribunal veteran, used to describe Charles Haughey, nor do we want a Burlusconi style media-political complex with its attendant codes of omertà undermining the principles of transparent democracy. In this regard I welcome the statement by my colleague, the Minister for Public Expenditure and Reform, on the introduction of legislation to deal with the registration of lobbyists, ethics for public representatives and office holders and transparency in public life. We should look back to the 1830s in the United Kingdom and the great reform Acts which were introduced to clean up politics and end the rotten boroughs for election to Parliament.
We live in a Republic and the representation of each citizen should be what counts rather than the amount of money a particular citizen can spend. We can look forward to a period of reform in which this Government will change the political landscape and our capacity to report and hold to account lobbyists.
The Ten Commandments prohibited murder and envy but they did not put an end to sin. Similarly, this House needs to legislate for transparency and accountability from all elected representatives and office holders.”
Blimey.
Previously: Gilmore: “You Can’t Always Choose Who’s In The Photograph.”
(Photocall Ireland)
Finally
atMinister OF State Lucinda Creighton has said the Government should avoid inviting businessman Denis O’Brien to another economic forum in Dublin due to the findings of the Moriarty tribunal.
…Ms Creighton was then asked whether it was at odds with the Government’s investment drive that the winner of the phone licence in the circumstances criticised by Moriarty was going around as one of Ireland’s chief promoters. “That’s a fair point,” she responded.
O’Brien Should Not Get Forum Invite, says Creighton (Irish Times)
However…
Irish recruiter Saongroup, which is majority owned by Denis O’Brien, is planning to invest €25 million and expand its presence in China to 130 cities by the end of 2013.
The investment was announced overnight at Saongroup’s Beijing office by Minister for Jobs, Enterprise and Innovation Richard Bruton during Enterprise Ireland’s trade mission to China, led by Taoiseach Enda Kenny.
O’Brien’s Saongroup Planning To Expand (Irish Times)
Riiight.
First Rabbitte. And now Eamon.
Labour staunchly defends the Enda and Denis roadshow.
What did Mahon say again?
“Given the existence of such rampant public corruption the question is why it was allowed to continue unabated. The shot answer to that question is that nobody was prepared to do enough to stop it.”
Meanwhile, one very short year ago:
httpv://www.youtube.com/watch?v=18WTwttaXbA
“The problem lies at one single place in Irish life — the point at which business and politics meet. We in this House and in particular those of us in Government regularly make decisions that affect the fortunes of corporate interests. We are entrusted by the people to make those decisions in the public interest. In broad terms, good public policy decisions will also create a healthy environment in which businesses operate but the decisions we make may also regularly benefit or hinder particular businesses to a very large degree. Politicians, as a by-product of particular decisions we make, in passing can enrich particular businesses and individuals. It is this fact that requires us to be particularly vigilant, stringent and transparent about how we police that point where we interact with the commercial world.“
Pat Rabbitte, Moriarty debate, March 30, 2011
And what Enda had to say:
“I cannot imagine a mandate from Irish people – or true democrats anywhere – that would involve an order or desire or permission for the behaviour outlined in the [Moriarty] report.
…Previous Tribunals elicited thousands of words, but pitiful inaction, by those who sat, then, over here. The new government breaks from that precedent and acts definitively and decisively.
…And we plan further, direct action, to sever the links between politics and business once and for all.
…I believe that to recreate political virtue, to rebuild public trust, to restore our reputation, it is no longer sufficient to do what is correct. To achieve even a fraction of that, we must do what is right.
When that culture included business and banking, it contaminated our country, divided our society, and diminished our republic. That contamination, division and diminution must end.”
Enda Kenny, Denis O’Brien and Democrat minority leader of the US House of Representatives Nancy Pelosi at the American Ireland Fund dinner at the Ronald Reagan Building and International Trade Centre.
Before sitting down to dinner, House Democratic Leader Nancy Pelosi, in an elegant Thierry Mugler jacket and pearl choker, huddled with Kenny and Irish businessman Denis O’Brien, while the Irish ambassador to the U.S., Michael Collins, made sure his table guests from both sides of the Atlantic were properly introduced.
Shudder.
Scene in D.C.: Nancy Pelosi, Enda Kenny, Patrick Leahy (Bloomberg)
Earlier: What Is Ireland Inc?
(Stephanie Green/Bloomberg)









