Dáil Éireann Debate, Tuesday - 4 July 2017
106. Deputy John Brassil asked the Minister for Finance if bonuses were paid to persons (details supplied) in a bank prior to the sale of 28.8% of its shares by the State; and if he will make a statement on the matter. [31259/17]
View answer107. Deputy John Brassil asked the Minister for Finance if a bonus or dividend will be paid to a person (details supplied) following the sale of 28.8% of State share interest in the bank; if so, the amount; and if he will make a statement on the matter. [31264/17]
View answerI propose to take Questions Nos. 106 and 107 together.
As the Deputy will be aware, the previous Government placed restrictions on various types of remuneration in the Irish banks that were recapitalised by the State and these restrictions remain in place.
Hence there cannot be any bonus, dividend or incentive payments for AIB’s executives or staff linked to the IPO of AIB.
