Madam, – Brian Lenihan is furious over being “misled” over bank bonuses (Business This Week, March 3rd).
Perhaps in future, when directors or CEOs make statements to a minister or publicly-elected official about the financial state of banks which have received State aid, they should do so under oath. If Ireland still retains perjury laws then those who lie under oath should face criminal proceedings. – Yours, etc,
Madam, – Bank of Ireland (on the evidence of the Cox report) has held the Irish people in contempt. Justice demands that action is taken. I suggest that Bank of Ireland be obliged to find monies by cutting back salaries and eliminating any form of bonuses to fully fund a community project in each locality where it currently has a branch. These projects might include public swimming pools, sports grounds, public parks, play grounds, local bus service. Failure to comply should result in fines. The Finance Bill could carry the necessary legislation as an addendum. – Yours, etc,
Madam, – Had the Minister for Finance Brian Lenihan received the correct details regarding the so-called bank performance related pay-outs, would they have been paid out? Is this what the universal social charge was meant for? Now that we almost have a new government, how about some real accountability? – Yours, etc,
Madam, – Bank of Ireland had “no intention to mislead” in giving information “that was wrong” in responding to a Government request for information on bonus payments. Under Freedom of Information legislation let us have it out in the open: what (verbatim) was the question put, and what was the reply received.
Evidence of evasion, illiteracy or both should result in re-education or resignation. But don’t hold your breath. – Yours, etc,