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LONDON: Former Barclays chief executive Bob Diamond is set to be paid about 2 million pounds ($3 million) in July, a year after he left the bank following its Libor interest rate rigging scandal.
Diamond is entitled to a year's salary, pension and benefits, which will be paid in a lump sum on July 3, Barclays' annual report released on Friday showed.
Benefits include the use of a company car and chauffeur, private medical insurance, life insurance cover, accommodation while in Britain and tax advice.
They are the same benefits as he received while CEO, and Barclays estimated they will amount to 400,000 pounds.
His salary was 1.35 million pounds and he received pension payments of 343,000.
A spokesman for Diamond declined to comment.
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