Seanad debates

Thursday, 26 February 2009

11:00 am

Photo of Shane RossShane Ross (Independent)

I apologise, but the new man is son of Brian. He is almost a duplicate or a clone who will implement similar policies and who is deeply imbedded not only in the banking culture but in the Bank of Ireland culture.

It was even more devastating to read The Irish Times this morning and see my view confirmed that the new chief executive oversaw the growth of the bank's Irish development and land bank loans to €7.1 billion. In other words, the man being put in place is the same one who is partly responsible for and who endorsed from the board those toxic loans which have devastated the country and have left the economy in bits. I beg the Leader to bring the Minister for Finance to the House to hear what we have to say about this——

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