LONDON, March 8 (Reuters) - Former Barclays chiefexecutive Bob Diamond is set to be paid about 2 million pounds($3 million) in July, a year after he left the bank followingits Libor interest rate rigging scandal.
Diamond is entitled to a year's salary, pension andbenefits, 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, accommodationwhile in Britain and tax advice.
They are the same benefits as he received while CEO, andBarclays estimated they will amount to 400,000 pounds. Hissalary was 1.35 million pounds and he received pension paymentsof 343,000.
A spokesman for Diamond declined to comment.
Diamond quit last July and waived 20 million pounds ofunvested bonuses when he left.
The annual report showed he was paid 1.3 million pounds for2012, including a tax equalisation award of 602,000, to avoiddouble taxation. He took home about 17 million pounds in 2011,and earned at least 120 million since he joined the board in2005, according to Manifest, a corporate governance group.
Diamond, who built up Barclays investment bank and waspromoted to CEO at the start of 2011, enjoyed high pay packageswhich were routinely slammed by politicians and the UK media.
Days after leaving following the bank's $450 million finefor rigging Libor, he was accused of misleading a parliamentaryinquiry into the scandal. Diamond said that criticism was"unfair and unfounded".