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

3:30 pm

Mr. Antoine MacDonncha:

If a claim is to be met by the MIBI, the legislation specifically states that the fund will not pay out that claim. So if a claim is falling due to be met by MIBI, then the fund does not have a role to play.