Oireachtas Joint and Select Committees

Wednesday, 10 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Quinn Insurance and Insurance Compensation Fund: Discussion

3:40 pm

Photo of Michael CreedMichael Creed (Cork North West, Fine Gael) | Oireachtas source

As for decisions made prior to Mr. McAteer's arrival and with the benefit of knowledge he has been in a position to glean subsequently, did the board of Quinn Insurance function effectively with regard to its obligations under company law and so on? For example, I refer to the issue of guarantees that were given and the stage at which they were notified to the regulator. Were all directors of the company party to those decisions made in respect of guarantees?

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