NatWest chief ousted over Nigel Farage accounts row in line for £2.4m payout
by Kalyeena Makortoff Banking correspondent from World news | The Guardian on (#6E3BN)
Bank to pay salary, pension and shares to Alison Rose, who resigned at end of July, during 12-month notice period
NatWest Group's ousted chief executive Alison Rose is in line for a pay package worth more than 2.4m, despite being forced to resign last month over a scandal linked to the threatened closure of Nigel Farage's bank accounts.
The bank, which is 38.5% owned by the taxpayer, said it would continue to pay Rose while she served a 12-month notice period, as stipulated in her employment contract.
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