Oireachtas Joint and Select Committees
Thursday, 10 April 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Mortgage Arrears Resolution Process: (Resumed) Bank of Ireland
11:30 am
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Mr. Boucher is handing out a cheque to somebody he deems can afford a €200,000 mortgage, while at the same time screwing the person he has turfed out of their house for €200,000 of residual debt that his bank deems they cannot pay. That is not fair in my book.
I have two minutes left and I want to focus on Mr. Boucher's own remuneration. He knows that the Government will vote and use its 14% shareholding on 25 April. I am sure many others in this State believe that Mr. Boucher's salary should not be endorsed by the Government. Mr. Boucher earns in a fortnight what a teacher or nurse earns in a year. He believes he is worthy of it. On the day of the Bank of Ireland's annual general meeting last year, the Taoiseach, Deputy Enda Kenny, said he believed there would be a significant contribution from the leadership of the banks concerning remuneration.
He also referred to "extraordinary salaries". Can Mr. Boucher confirm that his salary has not been reduced by even one penny since last year?
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