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NAMA Board

Dáil Éireann Debate, Tuesday - 14 July 2015

Tuesday, 14 July 2015

Questions (287)

Michael McGrath

Question:

287. Deputy Michael McGrath asked the Minister for Finance if he will provide, in tabular form, details of all fees paid to members of the National Asset Management Agency's Northern Ireland advisory board; and if he will make a statement on the matter. [28788/15]

View answer

Written answers

NAMA Board and Committee fees are set out in NAMA's annual reports and financial statements for the relevant reporting period. 

Peter Stewart, a former NAMA Board member, was paid €7,641 in 2010 and €7,700 in 2011 for chairing the Northern Ireland Advisory Committee (NIAC). Mr Stewart resigned from the NAMA Board and NIAC in October 2011 and was replaced by NAMA Board Chair Frank Daly.  No additional fees are paid to NAMA Board members for serving on the NIAC.  Frank Cushnahan resigned from the NIAC on 8th November 2013.

Northern Ireland Advisory Committee fees for each of the years 2010, 2011, 2012, 2013 and 2014 were as follows:

 

2010€

2011€

2012€

2013€

2014€

Total€

Peter Stewart

7,641

7,700

 0

 0

 0

15,341

Frank Cushnahan

4,000

5,000

4,000

3,000

0

16,000

Brian Rowntree

4,000

5,000

4,000

4,000

2,025

19,025

Total

15,641

17,700

8,000

7,000

2,025

50,366

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