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Thursday 8 December 2016

'Here are the keys you spent €9m getting' - Brian O'Donnell tells Bank of Ireland CEO

DISPUTE

29/04/2015 Blake O' Donnell & Solicitor Brian O'Donnell during Bank of Ireland's AGM at O' Reilly Hall UCD , Dublin. Photo: Gareth Chaney Collins
29/04/2015 Blake O' Donnell & Solicitor Brian O'Donnell during Bank of Ireland's AGM at O' Reilly Hall UCD , Dublin. Photo: Gareth Chaney Collins

IN the front row at the Bank of Ireland AGM, Brian O'Donnell chuckled bitterly to himself and shook his head as bank governor Archie Kane told how the bank always tried to keep people who are in arrears in their homes.

True to form, Mr O'Donnell still managed to get the last word in.

As the AGM wound down with a final question from the back, Mr O'Donnell rose to his feet in order to complain that he hadn't had an opportunity to ask his own question.

Grudgingly, he was permitted and launched into a furious attack on the track record of bank CEO Richie Boucher, questioning why he, along with the other executive board member, Andrew Keating, should be reappointed. contracts He also wanted to know why he wasn't allowed to read their contracts when he had asked.

"What are they hiding?" he demanded.

The solicitor queried what the actual financial situation of the bank is. He claimed Mr Boucher had overseen the loss of €20bn.

But it was merely a final damp squib thrown by Mr O'Donnell - just as he had earlier tossed a defunct set of keys for Gorse Hill at Mr Boucher, hooking them on his finger and lobbing them on the table in front of him.

"Here are the keys to Gorse Hill you spent €9m getting," he said.

Mr Boucher's face barely registered the insult but looked merely weary at the sight.

Later, he issued a statement outside UCD's O'Reilly Hall, where the bank's Annual General Meeting was taking place.

The family would be staying with "friends and relatives," Mr O'Donnell indicated.

He told reporters that the board of the bank had failed to answer adequately any of the questions.

"I speak today, as a shareholder, the most recent eviction person with my wife, and thanks to Mr Boucher we have also had our family smeared for six years by the Bank of Ireland," Mr O'Donnell said.

And then, at last, he walked away, saying there would be no further statement. For now.

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