John Rusnak, the currency trader suspected of defrauding AIB subsidiary Allfirst Financial, earned up to $1m (€1.1m) in the five-year period during which the losses were incurred.
Gary Kennedy, financial director of AIB Group, said on a conference call on Wednesday that Rusnak's suspected actions, which included hiding losses, enabled him to protect his salary and bonuses. "He earned between $800,000 and $1m in total over the five-year period from 1997 to 2002," Kennedy said.