Etisalat paid Dh68.718m for executives in 2011

Dubai: Emirates Telecommunications Corporation, etisalat, the state-controlled company, paid its top executive team an annual income estimated at Dh68.718 million in 2011, etisalat’s Hawkama report said on Tuesday.

The total value of etisalat compensation for the executives and non-executives, board members as well as board committees valued over Dh16.8 million.

Moreover, auditing cost etisalat around Dh3.177 million which went to Deloitte and PriceWaterhouseCoopers, two of the main auditing companies, while around Dh13 million went towards outsource auditing for various purposes.