Seanad debates

Thursday, 8 December 2011

11:00 am

Photo of Sean BarrettSean Barrett (Independent)

Senators will have noted that one Irish bank pays its executive on the basis of a 13 month year. The sector has difficulties with counting, as we have seen. I ask the Leader to request the Minister for Finance to inform the bank that we have been working on a 12 month year for a couple of millennia now and, more seriously, that none of the €2.4 billion we put into the bankrupt bank is to be used to pay people on such a fictitious basis. The Minister for Finance has a turn of phrase which might make the letter well worth writing to these incompetent people.

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