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. Paul Mercieca:

I cannot answer as to whether any of them was a shareholder, as I do not have a list of shareholders. To be technical, I have one shareholder. It is a holding company called Setanta Holdings Limited, but I am talking about knowing the shareholders in that. As to whether the directors are gone, their powers ceased upon the company being placed in liquidation. It is not a question of whether they are gone. Their involvement ceased on that date.

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