Written answers

Wednesday, 18 April 2012

Department of Finance

Redundancy Payments

10:00 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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Question 105: To ask the Minister for Finance the number of persons who have received redundancy payments from one State owned bank and who then immediately took up positions of employment in another State employed bank; if he will provide details including the cost of these redundancies; and if he will make a statement on the matter. [17865/12]

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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Question 128: To ask the Minister for Finance the number of staff taken on by Allied Irish Bank and Irish Bank Resolution Corporation, or the former Anglo Irish Bank and Irish Nationwide that had previously taken redundancy packages from another State owned bank; if he has considered the scope to directly transfer staff between State owned banks in order that staff are not paid a redundancy package by one State owned bank and then rehired by another State owned bank. [18008/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I propose to take Questions Nos. 105 and 128 together.

I am advised that the information requested by the Deputy is not routinely collected and indeed raises legal issues, from an individual's perspective, as to whether this information could be sought in the first instance. Accordingly, I am not in a position to supply the information that the Deputy seeks in this instance.

I have taken note of the Deputy's suggestion of the possibility of transferring staff between State supported institutions. I would note, however, that the present voluntary redundancy scheme on offer at IBRC – which is the only such scheme on offer presently - precludes certain areas which are pivotal to that bank's operation and which are more likely to have staff with the skills sought at the other covered institutions.

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