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
11:45 am
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
The witnesses are missing the point. Bank of Ireland was provided with almost €5 billion of taxpayers' money but is acting as if there was no public interest in its operations. The public interest directors have effectively gone native.
Mr. Walsh was appointed chairperson of the remuneration committee. Ray MacSharry, a former Minister, appears to have been appointed in Permanent TSB. He did not answer the question about the bonuses of €66 million. He dodged the question very well. Was Mr. Walsh on the remuneration committee when a remuneration package of €650,000 a year was approved for the former CEO, Brian Goggins?
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