Cowen defends €1m Molloy pension deal

TAOISEACH Brian Cowen defended the €1 million golden handshake for former Fás boss Rody Molloy last night as two senior ministers squabbled over who was responsible for sanctioning the deal.

Meanwhile, coalition partners the Greens desperately sought to distance themselves from the whole controversy.

Mr Cowen insisted that Mr Molloy had acted “honourably” by resigning and defended Tánaiste and Enterprise Minister Mary Coughlan amid calls for her own resignation.

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