on air now Current Show

OVERNIGHT

01:00 - 05:00
00:00 - 00:59

Chill

01:00 - 05:00

Overnight

05:00 - 07:00

Early Breakfast with Paula MacSweeney

07:00 - 09:00

The Ian Dempsey Breakfast Show

09:00 - 12:00

The Anton Savage Show

12:00 - 14:30

Dermot and Dave

14:30 - 16:30

Off the Charts with Fergal D'Arcy

16:30 - 19:00

The Last Word with Matt Cooper

19:00 - 21:00

Louise Duffy

21:00 - 23:59

Friday Night Anthems

€700,000 of CRC charity funds used for CEO's pension payout


by Gavan Reilly  16th Jan 2014  12:45
Today FM image

Successor says he didn't know about Paul Kiely's monster payout

€700,000 was taken from the fundraising arm of the Central Remedial Clinic to pay the retirement lump sum of its former CEO.

The Dáil's Public Accounts Committee has heard that the payoff to Paul Kiely was over twice the amount previously disclosed.

Mr Kiely was given a retirement payoff of over €473,000 - far above the €200,000 he told the committee about last month.

In addition, the clinic paid €268,000 to pension company Mercers - so that Mr Kiely's pension would be calculated as if he had continued in the job until November of 2016.

Paul Kiely's successor as chief executive, Brian Conlan (pictured), said he wasn't aware of the arrangements for Mr Kiely's pension.

However he later conceded that, as a director at the time, he would have been asked to sign off on the massive payments.

From Leinster House, our Political Correspondent Gavan Reilly reports:


  • Today FM image

    Love Music? Love The Paul McLoone Show

    Today FM image

    Counterfeit good seized in Cavan

    Today FM image

    All parties happy with transition of Console’s services to...

    Today FM image

    Case of Measles in Galway

  • Today FM image

    VIDEO: Mayo Bride Raps Her Wedding Speech

    Today FM image

    The Lego Treadmill Challenge

    Today FM image

    Guinness GAAstermind - Play Now!

    Today FM image

    The Today FM App