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. Antoine Mac Donncha:
There is provision in the MIBI agreement for the MIBI to pay out where a judgment is not met. I would guess that the MIBI would then be entitled under the agreement to try to recover that from the liquidator subsequently. The MIBI will have to deal with that on its own and reach its own conclusion on it. It is not necessarily for us to give any firm view on it here.