Oireachtas Joint and Select Committees

Wednesday, 19 May 2021

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

Developments in the Insurance Industry: Discussion

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

My final question is to FBD. It was very interesting to hear Mr. O'Midheach talk about FBD welcoming the legal challenge and so on. While it might have welcomed it, it fought it tooth and nail, and that is the reality. The Central Bank made it very clear that the Government's announcement for pubs to close was to be deemed not a voluntary closure but an enforced closure. What did FBD do? It challenged that in the courts.

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