Lenihan allows AIB executives collect €40m bonuses

The Government will not impose a super-tax on the €40m in bonuses set to be paid to Allied Irish Bank executives, Minister for Finance Brian Lenihan said tonight.

Thu, 09 Dec, 2010 - 19:00

The Government will not impose a super-tax on the €40m in bonuses set to be paid to Allied Irish Bank executives, Minister for Finance Brian Lenihan said tonight.

He instead announced a 90% tax on any future bank bonuses at institutions covered by the bank guarantee or capitalised by the taxpayer.

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