Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

There is no confusion within government. I set out clearly in my reply that there were two possible sources of compensation and it ended up in the High Court. The court has decided that MIBI is the responsible agency but that could be appealed. There is a further hearing in the court on 13 October to decide on costs and then there will be 28 days for MIBI to decide whether it will proceed. It has been a difficult situation for the policyholders but it was not the State that caused the delay; it was the legal proceedings that were being taken.

The Deputy asked when the first compensation payments would be made. It is not clear yet as the court case must be fully resolved but it is close to being resolved at this stage.

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