Tuesday, March 31, 2015

“Dijsselbloem warned ABN Damage pay rise ‘- nrc.nl

 Ministers gather for weekly cabinet

Photo ANP / Lex van Lieshout

Domestic Economy

Several parties in parliament to clarify the role of Minister Dijsselbloem (Finance, PvdA) has played in the salary increase for the top of ABN Amro. Green Left and the SP want after reports of NRC that will give the Minister an explanation during a parliamentary debate.

The reason for the request for a debate this afternoon that the NRC reported that Dijsselbloem the controversial pay raise for the top ABN Amro approved in the spring of 2014 and also promised to defend publicly. Source is a letter from ABN Amro in August 2014 sent to the foundation that administers the shares of the bank for the state.

The letter refers to a meeting on 7 March last year, which the minister would have ” promised that he will defend the payment of this allowance. ” He also “expressed his satisfaction with the manner in which the compensation discussion has been resolved.” The letter, in possession of NRC, signed by CEO Gerrit Zalm and President Commissioner of Rik Slingelandt

Greens:. Clarification ‘shadowy role

Green MP Jesse Klaver want clarify the role Dijsselbloem exactly has played in the salary increase:

“If it is true that Minister Dijsselbloem ABN has promised to defend the salary increase of ABN-drivers, then the Minister in recent days played a shadowy role. We want as quickly as possible clarification on that. “

Dijsselbloem would have warned of damage

Finance dropped in response to the news of the NRC that Dijsselbloem ABN summit has warned of damage to the reputation of the bank and the proposed salary increase would be put in 2014. Finance states that ABN AMRO’s summit at the insistence of Dijsselbloem in March 2014 decided to forgo a bonus of 2 tons. About the salary increase of 16.7 percent (100,000 euros) was determined that it was within the rules. In the statement of Finance is:

The Minister has always made it abundantly clear what he thinks and warned them for the damage to the bank. At the same time he recognized the legal and administrative properly conducted and defend in that light.

Minister last days very critical

Dijsselbloem expressed in recent weeks criticizing the raise ABN summit. Which was to defend legal, but in light of the situation in the financial sector to understand bad, he said. He called the increase a “bone in the throat” and “damn annoying.”

Last Friday, the minister decided to postpone the IPO of the state bank, because of the resulting unrest. The Minister must ABN CEO Gerrit Zalm ensure that his bank does not give rise to more controversy in society. After all social and political criticism saw the ABN AMRO summit on Sunday of the salary increase of 100,000 euros

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ABN Amro
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Jeroen Dijsselbloem
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