Dáil debates
Wednesday, 31 March 2021
Ceisteanna ar Sonraíodh Uain Dóibh - Priority Questions
Banking Sector Remuneration
7:35 pm
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
That is not what this is about. This is about allowing for bonuses to be paid to an Irish-owned institution that was bailed out. AIB will own this entity 100% but AIB was bailed out with nearly €21 billion.
Will the Minister enlighten the Dáil as to what is the average bonus paid to a senior wealth manager in Goodbody? Would he be surprised, for example, if I told him it was €400,000 to €500,000? Is that what the Minister has signed off on or is it something less? Will he tell us what he has signed off on because the law states that bonuses cannot be paid to entities bailed out by the Irish taxpayer, particularly an entity that still owes €10 billion to the Irish taxpayer from that bailout? What are the bonuses that the Minister has allowed in Goodbody? If he has nothing to hide and thinks everything is great and upfront, will he tell the people what are the average bonuses for the most senior people in Goodbody?
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