Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay. Mr. Fingleton, you were given what some have called excessive powers going back to, what, 1994. And, again, in August 1997, in ... an extract from the board minutes say that the ... they are to include the powers to set, vary and alter its interest rates, fees, terms and conditions of all loans, whether secured or unsecured, and on all investment and deposit accounts. It goes on to talk about reviewing settled documentation, legal or otherwise, to initiate legal action and so on, and to make arrangement with individual borrowers, investors and depositors in the normal course of business. The board devolved those powers solely to you.