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Departmental Expenditure

Dáil Éireann Debate, Tuesday - 25 October 2011

Tuesday, 25 October 2011

Questions (89, 90)

Billy Kelleher

Question:

104 Deputy Billy Kelleher asked the Tánaiste and Minister for Foreign Affairs and Trade the total expenditure in 2010 on ICT, including staff costs, support and maintenance services, hardware, software, and external resources, including consultancies, contractors and service providers and all agencies under the aegis of his Department. [31519/11]

View answer

Written answers

The total expenditure in my Department on ICT in respect of Votes 28 (Foreign Affairs and Trade) and 29 (International Cooperation) in 2010 was €15,837,705. This includes staff costs, support and maintenance services, hardware, software, telecommunications and external resources including consultancies, contractors and external service providers. There are no State agencies under the aegis of my Department.

Eoghan Murphy

Question:

105 Deputy Eoghan Murphy asked the Minister for Finance if he will confirm the cost to the State for the legal costs incurred by the National Asset Management Agency in 2010 and to date 2011. [30848/11]

View answer

Fees and expenses incurred by NAMA are recovered through the operating activities of the agency. They are published in the quarterly reports of NAMA, which are laid before the Houses of the Oireachtas and published on the NAMA website. The second quarterly report for the period ending 30 June 2011, accompanied by financial statements for the second quarter, was submitted to me as required by the end of September 2011 and I will lay the report before each House of the Oireachtas shortly.

The aggregate legal costs for the year 2010 and the first quarter of 2011 are as follows:

2010 €m

Q1 2011 €m

Legal Fees

3.31

0.88

The figures in the table above do not include legal fees incurred by NAMA as part of the loan due diligence process, which are recovered from the five participating institutions through a reduction in the consideration paid for acquired loans.

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