Oireachtas Joint and Select Committees

Thursday, 21 June 2018

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

Matters Relating to the Banking Sector: Allied Irish Banks

9:30 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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I am not sure if Mr. Byrne heard "Morning Ireland" today. We heard another clip from the Anglo Irish Bank tapes. As we know, David Drumm wakes up this morning in a prison cell, starting a five and a half year sentence. We heard the behind the scenes voices of the bankers and the attitude they had at that time. Much has been said about the culture. I appreciate that the management team in AIB is not the management team that existed at the time of the crash.

Does Mr. Byrne believe there is still an issue in the bank relating to culture? I am not suggesting it is as severe as evidenced in the tapes but I am asking whether there is an issue nevertheless.