Written answers
Thursday, 22 September 2011
Department of Finance
State Banking Sector
4:00 pm
Michael McGrath (Cork South Central, Fianna Fail)
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Question 94: To ask the Minister for Finance if any retiring executive at a State supported bank in the past three years has received a gift from the institution with a value in excess of €5,000; and if so, if he will provide the details of the institution, the beneficiary and the nature of the gift. [25544/11]
Michael Noonan (Limerick City, Fine Gael)
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I am informed by the respective covered institutions that the information sought by the Deputy is as follows: Allied Irish Banks, Bank of Ireland, Irish Life & Permanent, Anglo Irish and Educational Building Society:
In response to the Deputy's enquiry their respective searches have not revealed any evidence of a gift with a value in excess of €5,000 being made to a retiring executive over the period.
Irish Nationwide Building Society:
INBS have informed me as above other than the presentation by them of a watch in April 2009 as a parting gift to the former head of the Society - the relevant details of which are already in the public domain.
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