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

2:50 pm

Mr. Michael McAteer:

I will take the last question first. Note 22 in the published 2008 accounts for Quinn Insurance Limited shows that the company made gifts to Barlow Financial Services Limited, a company within the Quinn Group, amounting to €75 million. In 2007, the company made gifts totalling €135 million to Quinn Group Family Properties Limited. That was in the 2008 accounts. I will ask Mr. Cassells to deal with the Deputy's other questions.