on air now Current Show

OVERNIGHT

01:00 - 07:00
00:00 - 01:00

Friday Night 90s

01:00 - 07:00

Overnight

07:00 - 08:00

The Last Word with Matt Cooper

08:00 - 11:00

Saturday Breakfast with Alison Curtis

11:00 - 14:00

Phil Cawley

14:00 - 18:00

Saturday Afternoons with Martin King

18:00 - 22:00

Saturday Hits

22:00 - 23:59

The Beat Goes On

€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:


comments powered by Disqus
  • Today FM image

    Louise's Playlist Friday 3rd July 2015

    Today FM image

    Daily Download Friday 3rd July 2015

    Today FM image

    McGregor Has Something Different Planned for Vegas Walk In

    Today FM image

    Listen: worldwide controversy over GuacGate!

  • Today FM image

    Hands Up Who Thinks I'm Gaw-Jus?

    Today FM image

    Irish students were on J1 visa

    Today FM image

    WATCH: Evil Cat Ruins Yoga Demonstration

    Today FM image

    And, Our Most Dedicated Listener Is...