Monday, September 26, 2011

Government Must Reject AIB Demand on Salary- O'Brien

Government Must Reject AIB Demand on Salary- O'Brien

Sinn Féin TD Jonathan O’Brien has called on the government to reject AIB’s request that the salary of its next Chief Executive should be above the €500,000 cap set on banker’s pay.

Deputy O’Brien said:

“That AIB would even make this request shows how delusional senior bankers remain.”

“Ordinary people are struggling in the face of cutbacks, mortgage arrears, unemployment and reduced pay, yet AIB believes €500,000 pay is too little to pay its Chief Executive.”

“The government should not even be considering this request. By doing so it is feeding the banks’ belief that they should be immune to the economic pain being suffered by the rest of the country.”

“The fact is that the people who run our banking system were never held properly to account for the catastrophic losses they have caused the country, and this impunity has continued under Fine Gael.”

For further information or comment contact Jonathan O’Brien TD @ 086-0274142

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