Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

It is in excess of €1 million. If the insurance compensation fund paid out for that case, that party would be at least €350,000 short of the claim, depending on other factors.

There was a bit of discussion regarding shareholders, and the liquidator is going to the courts to find out who is the beneficial owner of the company. I examined the company records for 2013 and 2012, which mentions two holding companies. The witness mentioned that he is aware of one, Setanta Holdings Limited.