Oireachtas Joint and Select Committees

Wednesday, 9 July 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Collapse of Setanta Insurance: Central Bank and Department of Finance

3:10 pm

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Is Mr.Sheridan suggesting there was no basis, despite the findings of the audit? In November 2013 the Central Bank carried out an audit of Setanta Insurance. By January it realised no new products were being written. Clearly, there was a problem. Is Mr. Sheridan telling me that in November 2013 the Central Bank had no problem with Setanta Insurance?

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