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Sat 04 Apr 2010Lenihan approved €1.5m deal for Boucher pension
MINISTER FOR Finance Brian Lenihan approved the retirement deal for the Bank of Ireland chief executive Richie Boucher that led to his now-abandoned €1.5 million pension top-up.
The secretary general of the Department of Finance, Kevin Cardiff, confirmed yesterday to Labour TD Róisín Shortall that Mr Lenihan approved both Mr Boucher’s €623,000 salary and the provision that he could retire at age 55.
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