Seanad debates

Thursday, 25 April 2013

11:00 am

Photo of John KellyJohn Kelly (Labour) | Oireachtas source

I have never heard anyone answer these two questions, and they are simple questions. Given the fact that we have recapitalised the banks, have we any say in the running of the banks? It is a simple question. We have put 15% into Bank of Ireland. We are allowing a man to earn €800,000 per year. Have we any say in how the bank does its business? The second question relates to the money we put into these banks. Will we ever get it back? Is there a clause such that when they start making profits, we get it back? I want to make one further point in this regard.

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