Kieran O'Donnell (Fine Gael) | Oireachtas source

Mr. Bourke is telling me about getting profitability and whatever. I am asking why the remuneration committee made such a move, knowing there would be enormous public backlash. It is because some members of top management had threatened to leave? What is the reason? I am finding it difficult to understand. Why was it necessary to put bonuses in place which effectively only crystallise when the State has got its money back and will probably crystallise at a time when AIB is private? I am not certain what the tax implications are or whether the current provisions would even apply in terms of the very high rate on bonuses. Again, the public looking in is asking what is going on and why this is happening. It is not that long ago that AIB along with Bank of Ireland went in to meet the then Minister for Finance, saying they had major problems. That is less than ten years ago. I still need to know why.