Results 10,021-10,040 of 26,053 for speaker:Kieran O'Donnell

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Kieran O'Donnell: I've very little time left.

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Kieran O'Donnell: But the fact was, in 2006 you were told that the figure ... that the tax-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Kieran O'Donnell: But 2006, right, and, effectively, all the ... capital gains tax had gone up by five times from ... from your time ... you came in 1997, stamp duty by three times, cyclical taxes by two times. So the question is: how can you stand over a situation, Mr. Ahern, where, effectively ... was it irresponsible, in the context of those level of unsustainable property taxes, to boost spending at such...

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Kieran O'Donnell: This was property taxes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Kieran O'Donnell: Can I ask you one last question, Mr. Ahern? Page 21 and page 22 - they're interrelated. You said, ''I would have done things differently'', and you said, ''I did make mistakes''. Specifically, what would you have ... what mistakes did you make, specifically? And specifically, what would you have done differently during your term as Taoiseach?

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Kieran O'Donnell: Did you abandon the export market?

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Kieran O'Donnell: Did you abandon-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Kieran O'Donnell: Sorry, yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Kieran O'Donnell: Not from 2000 onwards , it was-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Kieran O'Donnell: Very finally, you have no regrets about the-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (16 Jul 2015)

Kieran O'Donnell: It's the same thing. You have no regrets about the policies you pursued in the 2000s around the property sector?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Kieran O'Donnell: I welcome, Mr. Murphy. Chairman, can I direct the witness to Vol. 2, two pages, both interrelated, page 157, which effectively is the minutes of a board meeting on 1 April 2011 with EBS, very much around the whole area of merging with AIB? And interrelated with that, I want to refer to page 139, which is EBS top ten bonus payments 2010 through 2008. Chairman, am I at liberty to mention the...

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Kieran O'Donnell: Are they public?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Kieran O'Donnell: Okay. Were ... and specifically what I'm referring to is page 157, at the very top of the page, Mr. Murphy, where, "Chairman highlighted that, from a risk perspective, it may be necessary to seek binding commitments from certain critical EBS staff by offering them retention bonuses, etc." So were retention bonuses paid-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Kieran O'Donnell: Even though they're in the body of the-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Kieran O'Donnell: Okay, that's fine.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Kieran O'Donnell: That's fine.

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Kieran O'Donnell: Were retention bonuses paid to EBS staff as part of this process? EBS ... did you personally receive one?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Kieran O'Donnell: And so can I take it that from 2008 on, no member of staff, either from the CEO down, has received a bonus payment in EBS?

Committee of Inquiry into the Banking Crisis: Nexus Phase (22 Jul 2015)

Kieran O'Donnell: Okay. Can I refer you to page 139, and just looking at the ... just generally - it's not the total there - but I notice between '01 and '08 that the level of bonuses paid, the top ten bonuses, there was €8,000 paid in 2001, that went over the years to €11,000 in '02, €235,000 in '03, it went to nearly €1.5 million in 2004, went down to half a million,...