Cement Roadstone Holdings is to commission an independent review of all compliance and disclosure requirements relating to its Chairman and Directors following the Ansbacher revelations. The move was decided by the group's Board at a meeting yesterday in the United States and made public in a statement today. The Board said that it recognises the gravity of the allegations contained in the affidavit filed in the High Court and understands and regrets the upset caused to employees, shareholders, customers and the public. The statement said the Board hoped that the investigation in the affairs of Ansbacher Cayman Limited can proceed in an atmosphere which respects the rights of individuals and companies to due process. The Board re-stated CRH's intention to co-operate fully with the Inspectors appointed by the High Court and has no further comment at this time.
The Taoiseach has said that when the High Court inquiry into the Ansbacher Deposits is completed he has no doubt that some people will be found guilty of serious offences. Bertie Ahern also said that there were some indications coming from abroad that people are worried about all these Tribunals and do not realise that they relate to the 1970s and 1980’s. Earlier, the Tánaiste Mary Harney said that she did not go overboard in referring to those on the Ansbacher list as suspects. Speaking in Clonmel this afternoon, she said that everybody on the list had a case to answer and that was why the names were there. She added that there was very hard evidence in relation to a lot of the 120 names, and less evidence in relation to others.
