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Clare Man Appointed To Conduct Review Of IFA Pay And Pensions

The IFA's former Chief Executive and Clare man Con Lucey has been appointed to conduct a review of pay and pensions within the organisation, in the wake of Eddie Downey's decision to "step back" from his role as association President.

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The Executive Council has asked the Ballynacally man to make recommendations on corporate governance in a report which is expected in two weeks time.

Last night the Association revealed Eddie Downey was paid 147,000 euro a year, while the Deputy President Tim O'Leary is paid 35,000 euro.

Mr Downey has apologised and admitted "mistakes were made" after the organisation's General Secretary resigned amid controversy over his half a million euro pay and pensions package in 2013.

IFA Deputy President Tim O'Leary will act as President while the inquiry's being carried out.

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