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

1:35 pm

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

I put it to both public interest directors that given their public emoluments and being recipients of hundreds of thousands of euro a year, they are in difficulties in representing ordinary people. Mr. Spring also has a lucrative sideline in private companies, although I am not sure about Dr. Somers. How can they feel the pain of the people who are at the mercy of AIB in the context of the mortgage crisis, which we will come to in a minute? Can they really represent those who are hurting?

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