Phil Hogan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

No, I will not have a compensation fund. We have a remediation scheme. Obviously, the remediation scheme will be determined by what money we can accrue from Government for it. I have €10 million of an initial down-payment for this scheme, I will get more money in 2014 and we will see how we get on as the scheme progresses over the two-year period. I want to make it perfectly clear and I do not want to give anybody false hope. This is a remediation scheme, not a compensation scheme.

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