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

4:10 pm

Photo of Dara MurphyDara Murphy (Cork North Central, Fine Gael) | Oireachtas source

In other words, resources could be moved from the banking sector. Clearly, resources were not being lashed out for the banking sector during this period. I am not being facetious in that regard. Are the people who can answer that question still working in the Central Bank? Alternatively, can one of the departmental officials tell us whether a request was made to the Government for more resources to regulate the insurance industry during the period from 2006 to 2009 and, if so, was the request refused or partially granted?

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