Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Finally, can I ask you about the issue of former executives? And I know that again back in 2012, and I think subsequently, you wrote to about 30 or in excess of 30 former executives suggesting that they consider making a voluntary reduction in their own pension. Would you like to elaborate on the outcome of that? I know you won't give any details about individuals, nor am I asking you to, but in aggregate terms can you give us any information as to the nature of the response you received?

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