Oireachtas Joint and Select Committees

Tuesday, 3 September 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of Financial Sector: Discussion with AIB

7:00 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I really appreciate Mr. Duffy's answer. Many people expected that the 1,200 employees of AIB would receive a salary reduction, but I note the bank has reduced remuneration costs largely through redundancies and also through the measures Mr. Duffy outlined.

I have another brief question on the banking inquiry. Have the tapes in respect of the trading room been preserved in AIB and are there other tapes? Was it only the trading room that was recorded at the time around the bank guarantee or were other lines in AIB recorded? Are the tapes preserved and will Mr. Duffy make them available to a banking inquiry?

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