Richard Bruton (Dublin North Central, Fine Gael)

One of the issues we discussed with the Minister in the committee last week was the status of people who have received very substantial pay-offs from the banks. The Minister indicated that legal advice would be required to determine the status of those payments. Has the covered institutions remuneration committee taken such advice? One of the aspects which people find extremely galling is the notion that people who were at the heart of the banks when they got into this hole would walk away and be given Rolls Royce packages even if the Minister is resolving — we do not yet know what the resolution is — to bring in a new regime. Has this been studied to see if there is scope for bringing sanity into the packages of those who are leaving?

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