Oireachtas Joint and Select Committees
Wednesday, 1 May 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Defective Concrete Blocks: Discussion
1:30 pm
Rose Conway-Walsh (Mayo, Sinn Fein)
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We realised that very quickly when we started to look at it. We had thought everything would be fine because the homes had been insured, and then we realised the actual materials of the homes on which they were built had not been insured and that the indemnity insurance that had been provided for people who had signed off on the homes was not anywhere to be see either. We have been here previously, therefore, when we first realised the issue.
Obviously, insurance is provided on a yearly basis, so someone might decide a house has been built and completed by next December, but the following year, the year after that or in five years, they might find there was a problem in the foundations and issues with that. Is Ms Murdock saying it would not be insurable at point? What is she saying about rebuilding?