Revelations about the sale of Siteserv raise serious questions over the attitude this government has taken to the sale of state assets. Information has been dragged kicking and screaming from Minister Noonan on the details involved in this major sell off. Serious questions remain over the issue such as why there was a massive €5m pay out to shareholders and what caused the dramatic surge in share trading in Siteserv prior to its sale?
Fianna Fáil believes an independent inquiry is the only way to establish if the interests of the taxpayer were fully protected. The current investigation proposed by the Minister for Finance is entirely inadequate and is hampered by conflicts of interest.