Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Overview of the Banking Sector in Ireland (Resumed): Bank of Ireland

2:00 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

I thank Mr. Boucher and appreciate that we both have to be careful. In his time as chief executive of Bank of Ireland since 2009, has the bank ever allowed a deal where a substantial amount was written off by the bank - up to €100 million or more - and where part of that deal was a multi-million euro payout to the shareholders of the insolvent company?

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