Oireachtas Joint and Select Committees

Wednesday, 1 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Setanta Insurance Liquidation: Discussion

2:00 pm

Mr. Ronan Hession:

The Attorney General's advice is that MIBI, Motor Insurance Bureau of Ireland, might not have a role and that it might not be down to a State body but the insurers themselves as a private company. Its advice is that it is not responsible.

The recent development arises from approaches from the Law Society. It has advice raising a question over the issue. On foot of that, advice was sought by the Courts Service accountant that stated this needs to be resolved judicially.