Oireachtas Joint and Select Committees

Wednesday, 9 July 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Collapse of Setanta Insurance: Central Bank and Department of Finance

3:10 pm

Mr. Bernard Sheridan:

The answer is no. Authority rested purely with the Maltese authorities in terms of the ability of the company to do its business in Ireland. We had no basis for taking such action.