Enda Kenny (Mayo, Fine Gael) | Oireachtas source

Deputy Murphy has expressed an interest in this on many occasions but there is no economic reason to sell a share in AIB. We are not under economic pressure to do it. The Minister for Finance, the Department and the Government will get the best professional advice they can in respect of the valuation being put on the share to be sold and that would be in the interest of the people because it is held by the Government on behalf of the people. There is no pressure to sell it and the Minister will get the very best professional advice he can and then make a decision based on that best professional advice.

As I stated, the cap remains in respect of salary if that person is from inside the bank. If the Bank of Ireland wishes to negotiate up to the level of the current chief executive with an effective suitable appropriate person from outside, then it has that opportunity.

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