Dáil Éireann Debate, Tuesday - 24 July 2018
195. Deputy Richard Boyd Barrett asked the Minister for Finance the amount the Central Bank paid for external legal services from 2012 to 2017; the details of these payments; the companies that received same; the amount received by each company; the hourly rates that applied to each company; and if he will make a statement on the matter. [32994/18]
Amharc ar fhreagraThe Central Bank has provided me with the table below in relation to amounts paid for external legal services from 2012 to 2017:
|
Year |
Euro Amount |
|
2012 |
2,217,245.13 |
|
2013 |
1,749,844.25 |
|
2014 |
4,822,879.09 |
|
2015 |
4,230,516.53 |
|
2016 |
5,967,633.36 |
|
2017 |
6,498,266.36 |
Legal Service Providers are not named individually by the Central Bank on the basis that the provision of individual names may prejudice the effectiveness of "tests, examinations, investigations, inquiries or audits conducted... or the procedures or methods employed for the conduct thereof" (exemption under Section 30 of the Freedom Of Information Act 2014).
The majority of these fees were paid to five legal firms during the period 2012 – 2017:
|
Supplier |
Euro Amount |
|
Legal firm A |
8,541,717.99 |
|
Legal firm B |
8,019,189.62 |
|
Legal firm C |
3,115,271.50 |
|
Legal firm D |
664,262.86 |
|
Legal firm E |
474,496.85 |
This information captures all of the amounts paid by the Central Bank in the period from 2012 – 2017 in relation to costs posted to the Legal expense codes. However, there may be some relevant costs grouped within the capital expense codes of the Central Bank, which are not separately identifiable as Legal.
