Appleby quit one day early to net €300k

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

Details have emerged of the deal reached with the Government that allowed the 58-year-old to avail of early retirement with a €225,000 lump sum and an annual pension of €73,000.

Correspondence obtained under the Freedom of Information Act shows Mr Appleby may not have been entitled to early retirement as director of corporate enforcement because it was an “unestablished post” in the civil service.