Oireachtas Joint and Select Committees

Wednesday, 16 June 2021

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

General Banking Matters: Discussion

Mr. Shane Kavanagh:

We can only speak of our own experience. I will not put myself in a position where I could be challenged about what other agents have done. We have come together as a group of 23, or 25, if the current case is included. When we were terminated, it was obvious that there was no real selection process for the terminations. People who were not team players were put out the gate. What was interesting was who took up the agencies. Only a handful of people took them and they all seemed to be friends of senior management at the time. I do not know how they were selected but there seems to have been a serious conflict of interest with regard to why it was the same individuals. Two or three people happened to get the guts of 15 or 20 offices. It is questionable.