Oireachtas Joint and Select Committees

Thursday, 7 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Michael Torpey:

The ... all individuals working in any of the banks are accountable to discharge the objectives, the tasks that they are given in a proper and effective way and to the extent that they discharge ... they're subject to appraisal on the basis of how they've performed. If they perform properly, they will continue. If they don't perform, they're subject to the appropriate sanction in terms of the employment arrangements, same as in any other employment, Senator.

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