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
12:05 pm
Shane Ross (Dublin South, Independent) | Oireachtas source
Perhaps we will move on as we have very little time. Was Mr. Considine aware of the fact that Mr. Kane, the new governor, had lost his bonus from Lloyds Bank, which is pretty well unique in world banking terms? He got approximately €10 million but he lost his bonus before he was appointed to the Bank of Ireland because it was on his watch that the bank got involved in the PPI scandal and had to write off £3 billion. Was Mr. Considine aware of that?
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