Fas board unaware of Molloy payout

The board of Fas was kept in the dark about the €1.1 million severance and pension package agreed with the former chief executive of the state training agency, Rody Molloy.

26th September, 2009

The board of Fas was kept in the dark about the €1.1 million severance and pension package agreed with the former chief executive of the state training agency, Rody Molloy.

The board was not informed about the financial agreement reached between Molloy and the Department of Enterprise, Trade & Employment, although Fas chairman Peter McLoone did attend elements of the discussions in relation to Molloy’s departure from the agency.

Members of the board...

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