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. Paul Mercieca:

As I said, it is expected of me in my responsibility as liquidator to get a good understanding. I would be failing in my duties if I did not have this understanding and reach my own conclusions. At this stage, it is premature to speculate whether there was wrongdoing of any sort. I am not suggesting that there was, I am just saying that the review I have commissioned is one that I have a responsibility to do. If I did not do it, I would be failing in my responsibilities. It is ongoing. I have not had any feedback yet. It is premature to speculate as to what that might be.