Léim ar aghaidh chuig an bpríomhábhar
Gnáthamharc

State Banking Sector

Dáil Éireann Debate, Tuesday - 13 November 2012

Tuesday, 13 November 2012

Ceisteanna (244)

Gerry Adams

Ceist:

244. Deputy Gerry Adams asked the Minister for Finance further to Parliamentary Question No. 51 of 24 October 2012, if he will provide a breakdown in tabular form of fees paid to each of the public interest directors in each of the covered institutions since the bank bailout in 2008. [49980/12]

Amharc ar fhreagra

Freagraí scríofa

The information is in the following table.

Bank

Public Interest Directors

Date of

Appointment/

Resignation

Fees 2008

Fees 2009

Fees

2010

Fess 2011

Total

AIB

Mr Dick Spring

Mr Declan Collier

January 2009

January 2009/

June 2012

26,000

29,000

47,000

40,000

59,000

71,000

132,000

140,000

EBS

Mr Anthony Spollen

Ms Ann Riordan

January 2009/

June 2011

January 2009/

June 2011

37,500

37,500

29,000

29,000

14,500

15,600

81,000

82,100

BOI

Mr Tom Considine

Mr Joe Walsh

January 2009

January 2009

79,000

80,000

90,000

79,000

90,000

79,000

259,000

238,000

INBS

Mr Adrian Kearns

Mr Rory

O’Ferrall

January 2009/ June 2011

January 2009/

June 2011

55,000

55,000

36,000

36,000

18,000

18,000

109,000

109,000

Anglo Irish Bank

Mr Frank Daly

Mr Alan Dukes

December 2008/

December 2009

December 2008/

June 2010*

98,000

102,000

-

52,000

-

-

98,000

154,000

PTSB

Ms Margaret Hayes

Mr Ray MacSharry

December 2008

December 2008

2,000

2,000

77,000

69,000

64,000

56,000

64,000

56,000

207,000

183,000

* Since nationalisation of Anglo Irish Bank in January 2009, there are no specific public interest directors on the board of IBRC. However all appointments to the board of the bank are approved by the Minister for Finance under the terms and conditions attaching to the nationalisation of the bank. Mr. Alan Dukes had been appointed as a public interest director in Dec 2008 and was made Chairman of Anglo Irish Bank in June 2010. His Chairman’s fees in 2010 were an additional €75,000 to the figure in the table and in 2011 were €150,000.

Dr Michael Somers is a Government Nominee (not a Public Interest Director) appointed to the AIB board on 14 January 2010 under the terms of NPRFC’s investment of €3.5bn in AIB of May 2009.

Barr
Roinn