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
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Yes, but there are costs associated with it when one has to make big lump sum payments and it also affects borrowings in that one has to borrow the money if one does not have it lying around. Has there been a determination that the Minister will argue that the MIBI is not be liable for this payment? Has that decision been taken within the Department?
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