Results 16,181-16,200 of 19,173 for speaker:Shane Ross
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: Mr. Walsh is not answering the question. He is paid €620,000 a year.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: The share price has collapsed during his period in office.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: Mr. Walsh has come before the committee and waffled to us in a head-in-the-clouds way and justified paying a salary of €620,000 a year. He is chair of the remuneration committee and he is damn well paid for it and he has gone native, just as the others have gone native. To hear the two public interest directors who are present telling us that the ethos has changed is insulting. I...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: Bank of Ireland appointed a new governor recently. Mr. Considine is on the nomination committee. Is that correct?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: Mr. Considine is listed as being on the nominations committee. I apologise. It is Joe Walsh. A new governor has been appointed and Mr. Considine was on the board that appointed him.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: Could he tell me what the process was for that?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: Which firm was it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: Perhaps we will move on as we have very little time. Was Mr. Considine aware of the fact that Mr. Kane, the new governor, had lost his bonus from Lloyds Bank, which is pretty well unique in world banking terms? He got approximately €10 million but he lost his bonus before he was appointed to the Bank of Ireland because it was on his watch that the bank got involved in the PPI scandal...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: Was he cleared prior to the bank making the appointment or after it?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: Does Mr. Considine stand over the appointment, despite the fact that he had lost the bonus, that the scandal is continuing to unravel and that Lloyds had to write off £3 billion as a result? I stand to be corrected on the amount.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: Do I have 12 minutes to speak?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: I thank the witnesses for coming to this meeting. I have never in 30 years come across a committee meeting like this where we are getting no answers and seeing the complete obfuscation of what is really happening in the bank. Deputy O'Donnell is right: these guys do not get it. This situation is critical and when they talk about a change in ethos, I do not think they understand that it has...
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: To whom is Mr. Walsh accountable?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: How often does Mr. Walsh meet the Minister? I asked a parliamentary question on this subject, of which Mr. Walsh is probably aware.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: Mr. Walsh is accountable to the Minister but he never meets him.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: Mr. Walsh is appointed by the Minister but he does not want to see him. Mr. Walsh does his own thing. Is he accountable to shareholders?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: In fact, Mr. Walsh is accountable to nobody. When does he stand for re-election?
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: I refer to the board.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: Mr. Walsh says he does not have to stand for re-election and is not accountable to anybody as a public interest director.
- Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Role and Contribution of Public Interest Directors in Financial Institutions: Discussion (20 Dec 2012)
Shane Ross: That is irrelevant. I have not got time for this.