Banking Sector Remuneration
Dail Éireann — 2021-03-31
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Paschal Donohoe (FG), Dublin Central

The reason I have agreed to this particular proposal is that I believe it is good for three Irish companies involved in it - for the company that was looking to sell Goodbody, for Goodbody itself and for AIB. These are all very big employers and are all companies that matter to the economy. Perhaps Deputy Barry is against that transaction happening at all. Although he is against the sale happening, we still have one Irish company looking to sell part of its company, that is, Goodbody. That sale was attempted on two different occasions but did not happen on either of those occasions. I believe it is in the overall long-term interest of those three companies that the sale happens, which is why I have supported this agreement. I came into the Dáil shortly afterwards and explained why.
In regard to what Bank of Ireland may or may not do, that is a matter for that bank and the decision it makes about any commercial process it is involved in.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2021-03-31/debate/main
Retrieved: 2026-08-14T04:49:10+00:00
Sitting date: 2021-03-31