Oireachtas Joint and Select Committees

Wednesday, 22 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Okay. Can I refer you to page 139, and just looking at the ... just generally - it's not the total there - but I notice between '01 and '08 that the level of bonuses paid, the top ten bonuses, there was €8,000 paid in 2001, that went over the years to €11,000 in '02, €235,000 in '03, it went to nearly €1.5 million in 2004, went down to half a million, €521,000 in '05, just short of €900,000 in '06, went to €1.5 million in '07, and down to €464,000 in 2008. In fact, I know one individual would have received nearly €450,000 of a bonus. How did that culture, within EBS, arise?

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