Dáil Éireann Debate, Thursday - 14 February 2013
144. Deputy Michael McGrath asked 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]
View answerFollowing 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.
