Pearse Doherty (Donegal South West, Sinn Fein)
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It is in compliance now, but for two years, while Mr. Walsh sat on the remuneration board, the bank was in complete breach. The Bank of Ireland paid more than €66 million in bonuses to employees in complete breach of the direction of the guarantee that was given to the Bank of Ireland. The State fined the bank €2 million as a result of breaching that agreement and it lied to the Minister for Finance when providing information for a parliamentary question. Mr. Walsh may not have been responsible in regard to the parliamentary question but in relation to the remuneration-----