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Leadership
Lenihan approved Rody Molloy severance deal
27.11.2009
Fine Gael has accused the Minister for Finance Brian Lenihan TD of approving the enhanced pension deal given to the former chief executive of the state-training agency FÁS Rody Molloy when he stepped down from his position at the state body last year.
An official from the Department of Finance Ciarán Connolly yesterday told the Dáil Public Accounts Committee (PAC) that Minister Lenihan had been aware of Molloy’s severance package.
Fine Gael enterprise spokesman Leo Varadkar TD called on the Minister to give a full statement on why he and the Government signed off Molloy’s enhanced pension deal.
“The Minister has already told me in a Parliamentary Question that he was ‘satisfied that the terms of the package were appropriate in the circumstances’,” Varadkar said.
“Internal Department of Finance memos have confirmed that the deal was ‘not in accordance’ with official guidelines. Minister Lenihan has already misled the Dáil by claiming that that Rody Molloy’s deal was within official guidelines,” he said.
“The finger of blame for Mr Molloy’s disgraceful early retirement deal points firmly at Brian Lenihan. He must immediately make a full and frank statement about his role in this affair.”
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