Today In Greed

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The man spearheading the investigation into Anglo Irish Bank, Paul Appleby (above), secured a bumper €300,000 pension deal by resigning as director of corporate enforcement the day before retiring from the civil service.

He went back to being a principal officer in the civil service for 24 hours before being re-appointed as the acting director for six months.

He was allowed to use his director’s salary of €150,712, rather than a principal officer’s rate of €92,672, to calculate his pension entitlements.

Appleby Quit One Day Early To Net €300k (Mary Regan, Irish Examiner)

(Laura Hutton/ Photocall Ireland)

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