Taoiseach has ‘nothing to hide’ in dealings with banks
As more details emerged of bonuses and payments made to senior bank executives following state bail-outs, Brian Cowen told the Dáil: “ I hold no brief for any bank executive or bank,” adding that he did not “seek to justify” any of these payments.
Mr Cowen said the Government “fully supports” efforts by the Irish Nationwide board to recoup a €1 million bonus paid to former chief executive Michael Fingleton.