Dáil Éireann Debate, Wednesday - 6 June 2012
80 Deputy Michelle Mulherin asked the Minister for Finance the extent of work undertaken by and fees paid to an organisation (details supplied) by the National Asset Management Agency for each year in the past three years; and if he will make a statement on the matter. [26670/12]
Amharc ar fhreagraNAMA has informed me that it has engaged accountants, solicitors and other professional advisors in its initial establishment, the acquisition of its loan portfolio and its ongoing operations. A breakdown of the fees in relation to the organisation in question are shown below. The analysis is based on fees invoiced to and paid by NAMA in the period from inception to 31 March 2012. Amounts are inclusive of VAT.
|
2010 |
2011 |
2012 |
Total |
|
|
Property due diligence: |
330k |
428k |
2k |
760k |
|
Portfolio management fees: |
490k |
1,978k |
427k |
2,896k |
