Oireachtas Joint and Select Committees
Thursday, 22 March 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Proposed Sale of Non-Performing Loans to Private Investment Funds (Vulture Funds): Allied Irish Banks
9:30 am
Kieran O'Donnell (Fine Gael) | Oireachtas source
How is AIB justifying the fact that it has, say, up to 10,000 ordinary people working in the bank yet it is giving bonus schemes of up to 100% of salaries per annum, roughly, which could arise between now and, for argument's sake, five years' time? How does AIB justify that, considering that the taxpayer still has €21 billion invested in AIB that could be used for a lot of other purposes in terms of running the country, services and so forth?
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