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Friday, March 06, 2009

Treasury minister who approved Sir Fred's pension has £100,000 RBS pot of his own

Lord (scumbag) Myners laughing all the way from the bank!
He has faced a barrage of criticism over his involvement in agreeing RBS chief Sir Fred Goodwin's £700,000 pension.

And now it has been revealed that Lord Myners is himself drawing £100,000 a year in retirement income from a company linked to the nationalised bank.

The Labour City minister's £99,800-a-year pension stems partly from his time as a director with NatWest, which RBS bought in 2000.

Tory MPs are now raising questions about the extent of his personal knowledge of RBS's pension scheme.

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