Oireachtas Joint and Select Committees

Wednesday, 31 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Operations and Functioning of IBRC: Discussion

11:20 am

Photo of Kevin HumphreysKevin Humphreys (Dublin South East, Labour) | Oireachtas source

I join in the tributes paid to the staff members who remained. Approximately 1,450 members of staff lost their jobs, the majority through no fault of their own, because of what went on in Anglo Irish Bank, and we should acknowledge the work they did over many years only to be sold out by the previous Administration.

I worked in the private sector and when it comes to wind-down, closure bonuses can be given to those who stay with a company to the end. Has this been considered as a means of keeping key staff?

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