There has been an overarching theme to this story; time and again information was withheld from IBRC over the sale of Siteserv. And, as the deal came ever closer to being completed, this pattern showed no sign of slowing.  On March 5, 2012, Siteserv sent IBRC an indicative schedule of proceeds it could expect from the sale of Siteserv to the businessman Denis O’Brien. On March 7, IBRC wrote back requesting more information. The indicative schedule, according to the IBRC Commission’s draft report, was “seriously misleading”. Siteserv said the cash available to it post the sale was €51.5 million, when…

Want to continue reading?

Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €50.

Subscribe

Cancel at any time.

Are you already a member? .