I have received the following information in relation to amounts paid to the company in question.
Department of Finance
There is no record of any payments to the company in question during the period.
Central Bank
The Central Bank has not paid for professional services from the firm mentioned, in the period 2008 to present.
National Treasury Management Agency and National Pensions Reserve Fund
In March 2010, the Minister for Finance delegated certain banking system functions to the NTMA. The delegation was revoked, with effect from 5 August 2011, and the NTMA Banking Unit has since then been seconded to the Department of Finance's Shareholding Management Unit. At the direction of the Minister, certain costs of the Banking Unit (including costs incurred subsequent to the Banking Unit's secondment to the Department of Finance in 2011) continue to be met by the NTMA. Consultancy costs related to services provided by the firm in question incurred by the Banking Unit and met by the NTMA amounted to €7.717 million (ex VAT) as detailed as follows.
Year
|
Service Provided
|
Amount €'m (ex VAT)
|
2010 - 2011
|
Advice in relation to Anglo Irish Bank
|
0.362
|
2011 - 2013
|
Advice on (i) liability management exercises and capital raising transactions in relation to Allied Irish Banks, Bank of Ireland, EBS Building Society, Irish Life and Permanent Group Holdings; and (ii) the sale of Irish Life.
|
7.355
|
|
Total Amount Paid
|
7.717
|
Covered institutions
The covered institutions would engage professional services on a range of issues and any amounts paid would be commercially sensitive.