Oireachtas Joint and Select Committees

Thursday, 24 November 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland: Allied Irish Banks

9:30 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I welcome Mr. Byrne. I also welcome the information he has provided to the committee to help us in our endeavours this morning. Will Mr. Byrne explain to us the information on page 6 of the document we have received? We asked for data in tabular form on the total remuneration package for employees. Mr. Byrne provided us with a table suggesting nobody had a total remuneration package in excess of €500,000. Mr. Byrne is well aware this is not totally true, given his package is €587,000, as reported in the annual accounts, and Mr. Burke's is €570,000. Could it be suggested that the bank has tried to mislead the committee in the presentation of the facts, in answer to a very clear question on total remuneration?

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