Minister 'shutting the door after the bonuses had bolted' - Gilmore tells Cowen

Posted on December 14, 2010 at 08:58 PM

"Are we in a situation where the Minister is shutting the door after the bonuses have bolted?... Are we in fact in a situation where, as this works its way out, we will find that the bonuses will end up having to be paid? - Eamon Gilmore TD asked Cowen today during Leaders' Questions.

Gilmore was questioning the Taoiseach about the letter the Minister for Finance wrote to Allied Irish Bank after it emerged that senior executives in Allied Irish Bank were to paid €40m in bonuses.

"I suppose it is a case of better late than never. The issue that arises is whether it might be too late," Gilmore continued asking why the letter was not sent at an earlier stage 'the Government had a number of opportunities to take a position of this kind'.

"Are we in a situation where the Minister is shutting the door after the bonuses have bolted?"

Eamon's contribution can be viewed in the video while you can read the full exchange on the Oireachtas website.

Permanent link | Comments | Categories: FinanceLeaders QuestionsEamon Gilmore

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