News Politics

Thursday 18 January 2018

Perry gets Kenny's backing over debt settlement

Ralph Riegel

Ralph Riegel

TAOISEACH Enda Kenny said he had full confidence in Small Business Minister John Perry despite admitting he had not been briefed on details of his €2.47m settlement with Danske Bank.

Mr Kenny also dismissed Fianna Fail and Sinn Fein demands for clarification to the Dail on the settlement, accusing them of playing party politics.

Last July, Mr Perry and his wife, Marie, consented to a judgment for €2.47m against them at the Commercial Court over loans they had taken out with Danske Bank.

Mr Kenny said: "I spoke to Minister Perry about this . . . the arrangement that he has arrived at with his people and the bank.

"It is one that the bank are happy to accept. Minister Perry is tax compliant. Therefore, he is working to address the issues that caused him difficulties with his business," he added.

Mr Perry was one of Mr Kenny's strongest supporters during the failed leadership heave against him by Richard Bruton in 2010.

The Taoiseach confirmed he had not been personally briefed on the details of Mr Perry's agreement with the bank. Mr Kenny also said he had no concerns over Mr Perry's contacts with senior bankers and demands for clarification.

Both Fianna Fail and Sinn Fein have demanded clarification on the details of the debt settlement deal.

Mr Perry has insisted that his agreement is private and confidential.

Last month, the veteran TD faced controversy when it emerged that he had contacts with senior Bank of Ireland (BoI) and Allied Irish Banks officials about the matter.

Both AIB's David Duffy and BoI's Richie Boucher had contacts with Mr Perry, but Mr Duffy rejected any suggestion that the politician had sought or received special treatment.

Mr Perry said he would be making no further comment on the matter.

Irish Independent

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