Oireachtas Joint and Select Committees
Thursday, 20 December 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Role and Contribution of Public Interest Directors in Financial Institutions: Discussion
10:35 am
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
The bank provided incorrect information. The bank deliberately misled the Minister for Finance. Whether that is Mr. Walsh's responsibility or not is immaterial. The point is that he served on the remuneration committee for two years, while €66 million was paid in bonuses in breach of the agreement with the State. How did he stand over that? At any time during that period, did he question whether these bonuses were allowed? Was he aware of the bonuses being paid out during that two year period?
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