Oireachtas Joint and Select Committees

Thursday, 1 June 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Motor Insurance Costs: Minister of State at the Department of Finance

10:00 am

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

I commend the Minister of State and his officials on their work to date. A liquidator for Setanta is based in Malta but Deloitte is actually acting on his behalf in Ireland. I suggest we bring the liquidator before the committee to find out exactly where he is at on the liquidation of Setanta and paying out premiums. It might be a worthwhile endeavour. It is just a suggestion but what we read in media report indicates a belief that they will only get 30%. I am looking for a timeframe, the amount of money and exactly where the process is at. Has the Department had discussions with the liquidator about where the Setanta liquidation is at now?

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