Dáil Éireann Debate, Tuesday - 14 July 2015
262. Deputy Michael Moynihan asked the Minister for Finance if he has received representations from agents who worked for the Educational Building Society, prior to the society's acquisition by Allied Irish Banks; his views that these agents suffered a loss of income, financial hardship and a loss of livelihood; that in these circumstances these agents are due a recompense; and if he will make a statement on the matter. [28441/15]
View answerAs the Deputy will be aware under the Relationship Frameworks the State does not intervene in the day to day operations of the banks in which it holds investments or their management decisions regarding commercial matters and hence any discussions around matters such as this are a matter for the bank, the relevant individuals and their representatives.
I can confirm that I have received a number of representations in relation to this matter but as it is subject to ongoing litigation it would not be appropriate for me to comment further.
