Dáil debates

Thursday, 15 November 2012

Ceisteanna - Questions - Priority Questions

Banking Sector Remuneration

5:00 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

-----who has a package of over €500,000. People want to know what we are going to do collectively to deal with the issue. The Minister cited legal and constitutional impediments. People are rightly angry at the level of pay and pensions paid to retired and serving bank executives. He has not given an indication on what he intends to do about the issue, other than a general statement about exploring every avenue. Will he examine whether he can amend the Financial Emergency Measures in the Public Interest Acts or credit institution stability legislation to give himself powers to intervene on the ridiculous sums of money being paid out?

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