Dáil debates

Wednesday, 31 March 2021

Ceisteanna Eile - Other Questions

Banking Sector Remuneration

8:15 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

The Deputy is correct that I did not refer to that in the earlier exchange but I did refer to it, I believe, in the answer I gave to Deputy Doherty. I certainly referred to it on the night of the debate on the banking sector in the Dáil a number of weeks ago on this and other issues.

The reason I support it is that if Goodbody is going to be integrated into AIB - and I believe that is the appropriate thing for AIB - it is part of what can offer a better future for the bank, the people who work for it, Fexco and Goodbody itself. If that is going to happen, there will be AIB people involved in providing some essential services within Goodbody or, indeed, playing senior management roles within Goodbody, and they will be paid as Goodbody employees. If I did not have a provision like this in place, we would end up with the potential for mockery and people leaving AIB and then going to work for Goodbody. That would be a dishonest position to present to the Dáil.

Comments

No comments

Log in or join to post a public comment.