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Written Answers — Department of Health: Departmental Contracts (9 Jul 2014)

Joe Higgins: 449. To ask the Minister for Health the number of public sector workers that are on temporary contracts or other non-permanent contracts of employment in his Department. [30402/14]

Written Answers — Department of Transport, Tourism and Sport: Departmental Staff Data (9 Jul 2014)

Joe Higgins: 476. To ask the Minister for Transport, Tourism and Sport the number of public sector workers that are on temporary contracts or other non-permanent contracts of employment in his Department. [30406/14]

Written Answers — Department of Children and Youth Affairs: Departmental Staff Recruitment (9 Jul 2014)

Joe Higgins: 488. To ask the Minister for Children and Youth Affairs the number of public sector workers that are on temporary contracts or other non-permanent contracts of employment in his Department. [30396/14]

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: Have the Maltese sent the fraud squad to this company?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: Did I hear correctly that the claims submitted so far amounted to approximately €35 million? How much would a company normally have to hold in reserve in banks to provide for such an eventuality? Can we have a rough estimate of how much should be held in the bank?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: Therefore, this company, understanding the business in the way it should, would have had at least €35 million already.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: How much is there?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: Where is the rest of the money, the money that should be available?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: The money the company was taking in from its Irish clients should be such as to be approximately €35 million. I presume considerable amounts of money were taken in. Where did it go?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: So it did something else with the money rather than keeping it in reserve?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: Potentially, it took in enough to have the proper reserve. Is that correct?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: Okay , who are these people? Do we know who is behind Ganado Trustees and Fiduciaries Limited?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: Why would a bunch of Irish shareholders go all the way to Malta to set up an entity that is to conduct business back in Ireland?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: I presume the delegates have examined the systems and method of regulation in Malta. Is there something that makes it more favourable commercially to go to Malta to set up rather than just setting up in Ireland?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: Surely that is an assessment that should be made with a view to pointing out to the European Union that it is absolutely ridiculous to allow a group of citizens to go somewhere 1,000 miles away so as to trade from a distance and not be under the same scrutiny that they would otherwise be under if they traded at home.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: The European Union, has been ramming through the services directive and other such measures, and has been promoting the so-called freedom to make profit in any corner from any corner. Does that not expose some of the flaws? It is obvious that if a company operating in Ireland were regulated here, the regulation would be more stringent.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: This Central Bank should make representations to the EU bureaucracy in that regard. How many staff were in the firm's Blanchardstown office?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: That would be an interesting one to probe also. Was this just a kind of shop front?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: What kind of suspicions put the delegates on the trail of the company to begin with? Why were people suspicious? I am not asking who made statements but what was said.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Collapse of Setanta Insurance: Central Bank and Department of Finance (9 Jul 2014)

Joe Higgins: Did some brokers, for example, feel the premiums were too low given the amounts in question?

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