Saturday 23 March 2019

Siteserv probe seeking to use evidence given in private for court case

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The State investigation into the purchase of Siteserv wants to refer in court documents to certain evidence put before the inquiry which is being heard in private.

Brian Cregan, a High Court judge who is the sole member of the commission of investigation, will be responding to proceedings brought by Island Capital Management Ltd.

Island led the 2012 acquisition of Siteserv, now called Actavo, by Denis O'Brien's Millington. The deal involved Ibrc writing off €110m of the Siteserv debt when it was sold.

In its judicial review proceedings, Island is challenging a ruling by Judge Cregan concerning the treatment of certain documents.

Yesterday, Mr Justice Seamus Noonan at the High Court was told Island had secured leave to challenge two matters that had arisen.

Sarah Jane Hillery, for the commission, said it needed to rely on evidence given in private, but could not without a direction from the court.

Mr Justice Noonan said the commission could issue a motion returnable for March 4.

Irish Independent

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