Full coverage: Siteserv

The IBRC Commission conducted just another investigation that took too long, cost too much, and was not fit for purpose – according to the judge who led it. Elsewhere this week, we covered striking insolvency cases, interviewed Anthony Scaramucci and named the three largest corporate taxpayers in Ireland.

After taking years to investigate the sale of the company to Denis O'Brien by the former Anglo Irish Bank, one of the IBRC Commission's main recommendations regarding "impropriety" in the transaction has come to nothing.

The IBRC Commission recommends probes by the Revenue Commissioners, the liquidator of IBRC, and the state's corporate watchdog into dealings of Siteserv founder Niall McFadden and former chief executive Brian Harvey.

Politicians of all parties concede that state investigations into IBRC’s sale of Siteserv and Nama’s Project Eagle have gone on too long and cost too much. So, what are policymakers going to do about it?