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Fmr Finance chief defends staff
25 Apr 2015 22:10
The former head of the Department of Finance John Moran has defended civil servants who questioned the sale of Siteserv by IBRC.
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In a statement, Mr Moran said he finds it regrettable that personal attacks are being made on civil servants who asked the right questions.
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The construction company was sold for €45m in 2012 after more than €100m of its debts were written off
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In a statement to RTÉ News, Mr Moran said he finds it "regrettable and a step back to pre-crisis mindsets among bank management that what seems to have been happening today are personal attacks on civil servants asking the right questions, who were representing after-all the new shareholders of those banks - the taxpayers."
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He continued, that it might have been better to use the time available to deal with the substance of the issues raised by both the department and other public representatives.
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Mr Moran said he would be happy to answer any other important issues after reading transcripts of all that was said about him and former colleagues in the department.
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He also said that he has been in Luxembourg and Riga all week helping to move forward the €315bn Junker plan for Europe.
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"As a result, I do not think it appropriate for me to rush to comment on things said today in my absence, which might be out of context, until I have had an opportunity to read a transcript of all that was said about me and former colleagues in the Department", he said.
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Mr Moran issued his statement after remarks that were made yesterday about him by Mr Dukes.
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This latest exchange follows a week in which the sale of Siteserv has been at the centre of a political storm inside and outside the Dáil.
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In March 2012, Siteserv was bought for €45m by Millington, a company controlled by businessman Denis O'Brien, after over €105m of its debts to Anglo Irish Bank were written off.
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IBRC chief Alan Dukes traced the deterioration of his relationship with the Department of Finance to a request by the then-head of the department John Moran to join the board of IBRC.
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Mr Dukes said he felt it would not be appropriate for Mr Moran to join the board.
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It comes as former chairman of the Irish Bank Resolution Corporation Alan Dukes said the mindset of the Department of Finance has been one of hostility towards the bank since its inception.
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