Sinn Féin’s Máirtín Ó Muilleoir alleges that US private equity firm paid kickbacks to fixers for inside information and introduction to contactsCerberus,the US private equity group that recently bought £13bn of former Northern Rock mortgages, has been accused in the Northern Ireland assembly of paying kickbacks to encourage it win a £1.1bn property assets portfolio.
Sinn Féin’s Máirtin Ó Muilleoir alleged in a finance committee hearing in Stormont on Thursday that Cerberus paid illegal kickbacks to fixers for inside information and introduction to contacts. Related: NCA to investigate bribery claims over biggest Northern Ireland property deal Continue reading...
Source: theguardian.com