Michael McGrath (Cork South Central, Fianna Fail)
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To ask the Minister for Finance if he will provide details of the termination payments that will be made to the former CEO of the Irish bank Resolution Corporation, in liquidation (details supplied); and if he will make a statement on the matter. [7959/13]

Michael Noonan (Limerick City, Fine Gael)
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Following the liquidation, all employment contracts in the Republic of Ireland have been terminated, including that of the former CEO, Mr Mike Aynsley. Mr Aynsley is entitled to apply for a statutory redundancy payment, a payment in respect of accrued but unused annual leave and a statutory notice payment, subject to the limits prescribed by statute.

Michael McGrath (Cork South Central, Fianna Fail)
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To ask the Minister for Finance if he will provide detail of the termination payments that will be made to former senior executives at the Irish bank Resolution Corporation, in liquidation; and if he will make a statement on the matter. [7960/13]

Michael Noonan (Limerick City, Fine Gael)
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Following the liquidation, all employment contracts in the Republic of Ireland have been terminated, including those of the former Senior Executives. The Senior Executives are entitled to apply for a statutory redundancy payment, a payment in respect of accrued but unused annual leave and a statutory notice payment, subject to the limits prescribed by statute.