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Central Bank of Ireland

Dáil Éireann Debate, Wednesday - 24 March 2021

Wednesday, 24 March 2021

Questions (494)

Richard Boyd Barrett

Question:

494. Deputy Richard Boyd Barrett asked the Minister for Finance the details of payments made by the Central Bank to law and accountancy firms from 2018 to date; the amount received by each of the firms for each respective year; and if he will make a statement on the matter. [15488/21]

View answer

Written answers

Deputy, please see below the details of payments made by the Central Bank to accountancy and law firms for the years 2018, 2019 and 2020. The Bank has also provided figures for January and February of 2021, which are the latest details available.

In terms of accountancy fees, the details below capture all of the amounts incurred by the Central Bank in relation to costs posted to the consultancy and audit fees expense lines.

The information provided in respect of legal firms captures the total costs posted to the legal fees expense line of the Central Bank. The Bank has disclosed the total costs incurred with law firms per year, as to disclose by reference to specific firms could prejudice legal proceedings.

Accountancy Firms  

   2018  

   2019  

   2020  

   January & February 2021  

Accountancy Firms  

   2018  

   2019  

   2020  

   January & February 2021  

Grant Thornton

€2,347,569

€109,586

€296,743

€17,496

Deloitte

€409,406

€1,143,802

€189,375

€119,036

Mazars

€411,481

€597,195

€653,732,

€17,514

EY

€1,303,213

€111,877

€7,617

€8,817

PWC

€325,587

€160,690

€166,226

 

KPMG

€162,719

€5,101

€24,600

€157,530

Grand Total

€4,959,974

€2,128,250

€1,338,293

€320,393

Legal Firms

2018

2019

2020

January & February 2021

Total Legal Fees

€6,610,350

€5,294,808

€2,717,848

€421,488

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