Either way you look at it, this doesn't look good.

Former Nokia chief executive Stephen Elop, will receive a $25.4m (£16m) pay-off when Microsoft's deal to buy Nokia's handset business goes through.

Under the deal, Mr Elop will receive 18 months of his salary and money from incentive and share schemes.

Mr Elop moved from Microsoft to run Nokia in September 2010 and will return to his former employer when the deal is completed.

Microsoft will fund 70% of his pay-off, which has sparked anger in Finland.

The nation's economy minister, Jan Vapaavuori, reportedly said: "I find it difficult to understand the merits of this bonus."Nokia's Former CEO, Stephen Elop, To Get $25 Million Pay-Off [bbc.co.uk]