Oireachtas Joint and Select Committees

Wednesday, 10 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Quinn Insurance and Insurance Compensation Fund: Discussion

2:30 pm

Mr. Michael McAteer:

Our focus in the first year was to ensure that the company would be sold and that as many jobs as possible would be secured. Our focus was not so much on looking backward as on looking forward to ensure that a sales process would be completed and the company put into the hands of a new insurer as quickly as possible. It was when that sales component had been completed that some of the other factors came into play.