Golden circle continues in bank bonus fiasco

I UNDERSTAND that post-bailout, all bank bonuses are suspended so why is Brian Lenihan telling us that future bonuses are to be taxed at 90%?

Golden circle continues in bank bonus fiasco

Surely, there are no future bonuses, at least not while the Government remains the major stakeholder in AIB?

Lenihan should have known that AIB was being pursued in the courts for pre-bailout bonuses, so why did he not bring in the super-tax legislation in good time to catch this last grand slam for the cohort who beggared the country and recoup something for the taxpayer? It is truly extraordinary.

You have reached your article limit. Already a subscriber? Sign in

Unlimited access starts here.

Try from only €0.25 a day.

Cancel anytime

More in this section

Revoiced

Newsletter

Had a busy week? Sign up for some of the best reads from the week gone by. Selected just for you.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited