The former chief executive of the Irish Trade Board (An Bord Tracht ala), Mr Oliver Tattan, has finalised his severance pay package deal with the Government after he said that he would not be taking up a position in the new super-agency, Enterprise Ireland.

Mr Tattan said he could not comment on the package deal when contacted last night. Sources say that, including a cash payment and pension rights, it may be worth around £150,000. The package was negotiated over a two-week period. He was on a salary of £65,000 in his former position which had a further three-and-a-half years to run. Mr Tattan, who is from Cashel, Co Tipperary, took up the position in September, 1996.