Fraud unit probes fresh Shannon Foynes allegations

The port company has been the subject of allegations and inquiries since 2006, writes Nicola Cooke

28th March, 2009

Management at Shannon Foynes Port Company (SFPC) had hoped it had moved on from a past of legal settlements and inquiries into land and tendering deals, but instead the semi-state company finds itself at the centre of fresh allegations made to the Garda fraud unit in Limerick.

The state’s second largest port was embroiled in disputes over property transactions and corporate governance two years ago, and almost €5millionwas accrued in legal bills as a result...

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