Fianna Fáil has rejected the process proposed tonight by Finance Minister Michael Noonan to deal with the growing number of questions about the sale of Siteserv by IBRC.
Party Leader Micheál Martin commented, “In his statement, the Finance Minister is correct in identifying the public concern about the issues emerging around the sale of Siteserv. However, he is entirely incorrect in his proposed response.
“What is needed here is an independent investigation by someone at full arm’s length from the process and completely detached from IBRC, Siteserv and the Department of Finance.
“The model we are proposing is a Commission of Investigation.
“We now know from FOI responses that the Finance Minister has avoided doing the right thing for more than two years. Tonight’s statement is a continuation of that process.
“This issue is not going away; it is causing genuine concern among the public and it demands a comprehensive response. Minister Noonan needs to go back to the drawing board and come forward with plans for an independent investigation.”