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
4:30 pm
Richard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source
Let us say that they are in breach, that there is insufficient provisioning, that they were doing what the Quinn Group was doing, using moneys that should have been for the provision against claims for other things. If they are guilty of these kinds of practices, what are the sanctions? Would they be allowed to do business here or anywhere in Europe again?
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