Oireachtas Joint and Select Committees

Wednesday, 2 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Michael Fingleton:

I don't know. I don't know, Deputy, because it wasn't determined or evaluated at the time. Certainly, the management and the staff would have benefitted. To what extent, I don't know, and they would be entitled to benefit from demutualisation ... or the successful sale of the organisation would have merited some element of compensation to the staff.

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