Ex-Barclays CEO, Citing Scandal, Gives Up $31 Million Bonuses, Still Takes Salary

By the CNN Wire Staff

London (CNN) -- Former Barclays bank chief executive Bob Diamond will voluntarily give up bonuses worth $31 million after he resigned in the wake of a rate-rigging scandal, the bank said Tuesday.

Diamond will still receive 12 months salary after his resignation last week, the bank said Tuesday. That's £1.35 million (about $2 million), according to the bank's annual report.