Date: 23/06/2012
FORMER tram chiefs were paid around £800,000 after leaving the project, the Evening News can reveal today, as new documents exposed the extent of pay-offs and bonuses at TIE. Seven top directors received pay-outs understood to be as high as £158,000 after the firm initially tasked with delivering the project was scrapped last October. The documents showed that £406,635 in compensation was dished out for “loss of office” and hundreds of thousands more is believed to have been added for notice periods bosses were not required to work. At least four senior executives also received bonuses at a time when the beleaguered project was lurching from crisis to crisis.
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Evening News
FORMER tram chiefs were paid around £800,000 after leaving the project, the Evening News can reveal today, as new documents exposed the extent of pay-offs and bonuses at TIE.
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