Dáil debates
Tuesday, 21 May 2013
Other Questions
State Banking Sector Regulation
3:25 pm
Michael Noonan (Limerick City, Fine Gael) | Oireachtas source
The salary paid to the CEO of Bank of Ireland was negotiated by the relevant Ministers in the previous Government, which was led by Fianna Fáil and the Green Party. While we would like the salary to be lower, we have been legally unable to dismantle it. This Government has provided for a much lower ceiling for remuneration for CEOs. I will not take any lectures from Deputy McGrath about extravagant salaries because his party provided for such salaries when it was in government.
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