Seriously.
Come on.
Allied Irish Banks will have to increase pay for hundreds of workers because senior executives received nearly €4m in secret bonuses allegedly designed to prevent them from abandoning the State-owned institution.
A human resources bank official told [a] tribunal that the secret bonuses, which included £426,000 paid to 24 senior managers at [AIB’s Northern ireland unit] First Trust in Northern Ireland, were “retention payments”.
...The payments were made last year and the recipients were warned not to tell anybody they’d received the cash.
