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Sunday 3 December 2023 Dublin: 5°C

Alan Dukes was 'furious' with Michael Noonan for mentioning 'criminality'

Alan Dukes said the Siteserv sale was put before the Central Bank and no issues were found.

THE FORMER CHAIRMAN of IBRC says he was ‘furious’ with Michael Noonan when he mentioned ‘criminality’ regarding the review of the Siteserv sale and the banks transactions.

Earlier this week Alan Dukes said that the information read out in the Dáil by Independent TD Catherine Murphy about Denis O’Brien’s dealings with IBRC was wrong.

However Murphy said she was standing by what she said and that she was ‘confident of her sources’.

Speaking on Saturday with Claire Byrne on RTÉ Radio 1, Dukes said the Commission of Investigation into IBRC “will be what it will be” adding that he’ll cooperate.

Claire Byrne put it to him that “what people see is that there was €60 million on the table but you sold it for less to Denis O’Brien’s company”.

He reiterated that more conditions were attached to that deal and said,

I don’t think people who weren’t there are in a position to second guess a judgement call that was made.

“It comes to a point where you make a judgement call on the basis of your commercial judgement.”

When asked if Denis O’Brien got a special rate, Dukes said, “Everyone was given a different interest rate”, adding that “no client was treated better than others”.

Dukes was also asked about his relationship with Finance Minister Michael Noonan, he said he had no problem with Minister Noonan until he spoke about ‘criminality and wrongdoing’.

My impression is that people in the Department were shocked when they heard that, I was certainly furious.

Read: ‘All of that is wrong’: Alan Dukes disputes Dáil claims about Denis O’Brien’s bank dealings>

Read: I want proof, not a pat on the head and to be told: ‘It’s fine, go away’ – Catherine Murphy>

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