IBRC Expenditure

Dáil Éireann Debate, Monday - 11 September 2017

Monday, 11 September 2017

Ceisteanna (138)

Marc MacSharry

Ceist:

138. Deputy Marc MacSharry asked the Minister for Finance if there has been an increase in the rates of fees charged by the special liquidators of the Irish Bank Resolution Corporation since the date of their appointment; if an increase in the rates of fees has been approved directly or by reference to NAMA fee rates; and if he will make a statement on the matter. [37608/17]

Freagraí scríofa

Minister for Finance

There has been no increase in the rates of fees charged by the Special Liquidators of Irish Bank Resolution Corporation Limited since the date of their appointment. The rates being charged are based on NAMA-negotiated rates for relevant services. These NAMA rates were put in place following a competitive tender conducted by NAMA.