Oireachtas Joint and Select Committees
Wednesday, 19 May 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Developments in the Insurance Industry: Discussion
Pearse Doherty (Donegal, Sinn Fein)
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My final question is to FBD. It was very interesting to hear Mr. O'Midheach talk about FBD welcoming the legal challenge and so on. While it might have welcomed it, it fought it tooth and nail, and that is the reality. The Central Bank made it very clear that the Government's announcement for pubs to close was to be deemed not a voluntary closure but an enforced closure. What did FBD do? It challenged that in the courts.