Wednesday April 8, 2020

€1bn write offs, 40 debt deals

Tax affairs of IBRC to be probed - PwC advice on Siteserv revealed

7th June, 2015

The Sunday Business Post can today reveal the full scale of the write downs approved by IBRC, with some 40 businesses and individuals receiving a combined write off on their debts of more than €1 billion.

This newspaper can also reveal that the tax affairs of the state-owned bank will be probed by the proposed commission of investigation into IBRC, as well as certain issues surrounding procurement.

The commission will look at any deal that involved...

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