Oireachtas Joint and Select Committees
Wednesday, 26 February 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Sale of IBRC Mortgage Loan Book: Discussion
3:20 pm
Arthur Spring (Kerry North-West Limerick, Labour) | Oireachtas source
However, many of them have been re-employed without being subject to the terms of the normal statutory redundancy process. In addition, they are considered to have started new jobs and do not have entitlements they had built up previously. They have been disadvantaged following the liquidation and that must be acknowledged. I thank Mr. Wallace for acknowledging their hard work because the vast majority of people working for Anglo Irish Bank and Irish Nationwide Building Society were hard working and decent and that is not said half often enough. Is there not an injustice that people in the higher echelons who were moved for the purposes of cleaning up the bank were given a lucrative handshake while those who are still there cleaning up the messy loans and doing the hard slog are not being remunerated or looked after properly post-liquidation?
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