Infrastructure

TD calls for details of profits from flipping of NBI stake

Social Democrat leader asks PAC to disclose who made money on the sale of 80 per cent of firm set up to oversee national broadband rollout

How much Asterion paid for the 80 per cent stake in National Broadband Ireland (NBI), the company set up to deliver the €2.7 billion rural broadband scheme, has not been disclosed

There should be full disclosure of who made money from the sale of an 80 per cent stake in the company behind the multibillion-euro National Broadband Plan (NBP), Catherine Murphy has said.

The Social Democrats co-leader has written to the Oireachtas public accounts committee requesting information on the deal after Asterion, a Spanish infrastructure investor, was last week given ministerial approval to proceed with the acquisition.

How much Asterion paid for the 80 per cent ...