THE LEVEL of fees paid to public interest directors appointed by the Government to the financial institutions covered by the State guarantee were published yesterday.

The directors appointed to Anglo Irish Bank are among the highest paid – with Alan Dukes and Frank Daly each receiving almost €100,000 each in fees, according to figures obtained by RTÉ. Irish Nationwide Building Society was the only institution not to reveal the fees of its State-appointed directors.

A spokesman for the Department of Finance said the fees reflected the recommendations of a committee looking at renumeration in the guaranteed institutions and that the fees for State-appointed directors were appropriate and related to the scale of the operations and complexity of the institutions involved.

In Bank of Ireland, State-appointed non-executive directors Tom Considine and Joe Walsh received basic fees of €63,000. Membership of committees brought Tom Considine’s total fees to €102,375 and Joe Walsh’s to €78,750. In AIB, Dick Spring and Declan Collier received a basic fee of €27,375 and also received €3,000 for each committee meeting they attended.

At Anglo Irish Bank, Alan Dukes and Frank Daly received basic fees of €73,600 and a committee fee of €25,760, bringing their total fees to €99,360 each.

At Irish Life and Permanent, Ray MacSharry and Margaret Hayes received basic fees of €56,250 and Margaret Hayes also received €7,250 for committee work, which brought her total to €63,500. At EBS, Tony Spollen and Ann Riordan both received a basic fee of €29,000 each.

Irish Nationwide Building Society would not reveal the fees of their two State-appointed non- executive directors Rory O’Ferrall and Adrian Kearns.