Finance official leaked confidential Siteserv sale details while at Davy
A list of bidders for Siteserv was disclosed by Des Carville – now a senior civil servant in the Department of Finance – to a corporate finance consultant, who passed on the information that would ultimately alert Denis O’Brien to the sale
A senior civil servant in the Department of Finance leaked highly confidential information on the sales process for Siteserv when he worked for Davy stockbrokers, the Commission of Investigation into the deal has found.
Des Carville, who is currently head of the department’s shareholding and financial advisory division, was a corporate financier at Davy at the time of the Siteserv sale and was advising the Irish Bank Resolution Corporation (IBRC) on it.
The commission found ...