Oireachtas Joint and Select Committees

Wednesday, 1 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Setanta Insurance Liquidation: Discussion

2:00 pm

Mr. Seán Quigley:

I must be careful about an issue that is to be determined by the courts. That may well be one of the issues that is determined by the courts, but if we operate on the basis that the ICF is a payer of last resort, then, if MIBI has a liability, the ICF could possibly not get involved. However, I have to be careful in what I say, because this matter will be before the courts shortly.

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