Richard Bruton (Dublin North Central, Fine Gael)

It is not intended to deal with this matter by legislation. As the Deputy knows, the Minister for public expenditure and reform has been pressing for transparency and to reform a system the Government inherited, where bonuses paid were not related to genuine performance. There is now greater transparency. For the first time, details have been published of earnings in the NTMA and NAMA. That is a significant step forward. The Government is keen to curb bonuses and to introduce a scheme where bonuses would only be paid for genuine performance.

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