New figures show trio of tribunals cost the state €80m | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 71%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

The IBRC Commission of investigation into Siteserv is expected to conclude in March, the Nama investigation into Project Eagle is three years overdue, and the Moriarty Tribunal is still incurring bills – RoisinMBurke reports.

The Moriarty Tribunal found that Denis O’Brien made two payments to Michael Lowry of around IR£500,000, while he was communications minister in charge of the state’s mobile phone licence competition. Picture: Fergal Phillips

Three tribunals and commissions of investigation have cost the state more than €80 million to date, newly released figures show. The investigation into the sale of Siteserv, the utilities firm, and other former Anglo Irish Bank sales, the investigation into Nama’s €5.8 billion Project Eagle loan book sale, along with the Moriarty Tribunal, which 25 years since its inception is still incurring bills, have cost €80.36 million so far, according to an update on costs...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in AU

Australia Australia Latest News, Australia Australia Headlines