Written answers

Thursday, 16 December 2010

Department of Finance

Bank Guarantee Scheme

5:00 am

Photo of Joan BurtonJoan Burton (Dublin West, Labour)
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Question 165: To ask the Minister for Finance in respect of the directors at each of the credit institutions covered by the bank guarantee, the sum of money that has been paid to directors by way of fees and emoluments for each of the years 2008 to 2010; and if he will make a statement on the matter. [48036/10]

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)
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The Deputy will be aware that directors at the covered institutions, including public interest directors who are nominated by me, are appointed by the respective boards. Accordingly, disclosure of details of their remuneration is covered by various rules and procedures. The guidelines on fees payable to directors are as set out in the report of the Covered Institutions Remuneration Oversight Committee established under Covered Institutions Financial Support legislation. The information sought by the Deputy, to the extent that it has been released publicly by the respective covered institutions, is available in their Annual Reports.

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