Group to review semi-state chiefs pay not finalised

THE make-up of a review group tasked with examining by how much the pay of chief executives of commercial semi-state bodies should be cut by is to be finalised shortly.

Finance Minister Brian Lenihan said he had received Government approval to establish the group and would soon announce the details of its structure.

The news prompted Fianna Fáil TD Michael McGrath to call for the top bosses of commercial semi-states to be paid in the region of €200,000 a year.