METRO FREE Friday, September 25, 2009 HELP METRO HELP THE ENVIRONMENT. RECYCLE THIS NEWSPAPER TODAY INSIDE TODAY See Pages 2 & 3 Millions across the world drink to Arthurs Day See Page 14 PLUS MetroLife at the movies Fs boss Rody Molloy received a golden handshake that was equivalent to winning the Lotto, it was revealed yesterday. Public Accounts committee chairman bernard Allen TD claimed the former employment agency chief was appeased with a sweetheart deal from the Government after he threatened legal action. The Public Accounts Committee heard how Mr Molloy, who stepped down last November, had four-and-a-half years added to his pension enti- tlement, boosting it to around 1million if drawn down over 30 years. Mr Molloy also received a tax-free lump sum of 333,732 and a taxable ex-gratia payment of 111,243. The Dils public spending watchdog was told that Mr Molloy strongly warned he would go to the courts if he did not get a lucrative payout in exchange for his resignation. sen Gorman, secretary general at the Depart- ment of Enterprise, said he led the day-long ne- gotiations with Mr Molloy who made it clear he would fight for the deal. In the negotiations, it was made very clear that if he wasnt treated reasonably, he was reserving his right to take court action, Mr Gorman told the committee. Mr Allen claimed the former Fs boss was ap- peased with a sweetheart deal rewarding failure. Why was the value, equivalent to winning the Lotto, transferred to the former director general when the man overspent on a lifestyle more equivalent to a rock star than a public servant? he asked. Meanwhile, it has emerged that Fs chairman Peter McLoone is to step down next week. BY COLM KELPIE Fs boss got 1m after legal threat The Ulster Bank Dublin Theatre Festival kicked off yesterday with a preview of the Indian production The Manganiyar Seduction at the Gaiety Theatre in Dublin. See review on page 14. For further events, log on to www.dublintheatrefestival.com Picture: PA ThEATRE FESTIvAL TAkES cENTRE STAgE LILY ALLEN SAYS: I QUIT MUSIc See Page 11 index.html2.html3.html4.html5.html6.html7.html8.html9.html10.html11.html12.html13.html14.html15.html16.html17.html18.html19.html20.html21.html22.html23.html24.html25.html26.html27.html