Following the merger of Anglo Irish Bank and Irish Nationwide Building Society, the bank wrote to Mr. Fingleton requesting repayment of a €1million bonus, received post the introduction of the Irish Government's Bank Guarantee Scheme, and the return of a watch given to him on retirement which was paid for by the Society. The bank has recently written again, following a response from Mr. Fingleton who declined the request, reiterating the call for action in those matters and has raised a further matter of inappropriately recorded expenses to the value of close to €88,000. The bank strongly believes that Mr. Fingleton needs to take the honourable course of action in the interest of the Irish taxpayer with regard to the Bonus and the watch regardless of whether there is any legal obligation to do so. With regard to the expenses that appear to have been inappropriately claimed by Mr Fingleton, the Bank will continue to pursue Mr Fingleton and will use legal means if he continues to ignore the Bank's requests.
The Government fully supports this endeavour. It is a matter for the Bank to decide on an appropriate course of action if these issues with Mr. Fingleton remain unresolved. The bank has informed me that the specific matter referred to by the Deputy forms part of the bank's investigation into all legacy matters relating to INBS following the merger of that institution with the Bank on July 1st of this year. The Bank will address all issues arising from this investigation once concluded.