The FAS scandal has now moved into phase three.
Phase one was the denial by Tanaiste Mary Coughlin that there were any serious questions to answer.
Phase two was the uncovering of the real story by the media, so called State authorities don’t do investigation/accountability.
Phase three requires a fall guy to avoid the risk of real accountability.
The Government makes an offer to Molloy that he can’t refuse – resign with full pension and entitlements or we’ll screw you into the ground.
Molloy has only two years to do before official retirement, time to take the money and run, time to abandon any pretence of serving the people. In return for his betrayal of the State he will receive high (but dishonest) praise from Government ministers for his ‘loyal and honourable’ service to the country.
As he legs it out the door with his bags of money and fat pension his ears ring with the last order from his political masters:
Don’t even think about playing the hero by appearing before the Public Accounts Committee’.