THE HEAD of the banking inquiry is to receive a fee of €1,000 a day and a monthly expenses allowance of €4,000, the Department of Finance has confirmed.
Fine Gael TD Brian Hayes yesterday published the response to a parliamentary question inquiring into the compensation arrangements agreed for the commission of investigation into the banking sector in Ireland.
“The person to head up the investigation into the banking sector is to receive €1,000 per day and another €4,000 per month in expense for his work,” Mr Hayes said. Peter Nyberg, a Finnish former senior civil servant, is to lead the commission.
Mr Hayes said most working people, “let alone the 450,000 people on the dole”, would be “gobsmacked” at the figures. “It is a further insult on top of all the efforts and sacrifices they are being forced to make to bail out these banks,” he said.
