Written Answers. - Parliamentary Debates - Houses of the Oireachtas

[Deputy Sean Fleming.]
Questions— 14 February 2012. Written Answers
the loss of superannuation payments from retired or departed employees, in tabular form; and
if he will make a statement on the matter. [8436/12]
Minister for Finance (Deputy Michael Noonan): I propose to take Questions Nos. 177 and
183 together.
In the time allowed it is not possible to provide a detailed response to the Deputy. The
information will be provided directly to the Deputy as soon as possible.
Job Losses
178. Deputy Sean Fleming asked the Minister for Finance his plans in relation to the redundancies
for staff in AIB which were announced in 2011; and if he will make a statement on the
matter. [8299/12]
Minister for Finance (Deputy Michael Noonan): I refer the Deputy to my reply to a recent
Parliamentary Question (ref: 5664/12 of 1 February 2012) on this subject which set out the
position in relation to the issues raised in his question.
National Asset Management Agency
179. Deputy Terence Flanagan asked the Minister for Finance if he will provide a full breakdown
of the firms paid professional fees such as accountants, solicitors and other advisors of
the National Asset Management Agency since the date of NAMA’s inception; and if he will
make a statement on the matter. [8321/12]
Minister for Finance (Deputy Michael Noonan): NAMA informs me that it cannot provide
all the details requested by the Deputy in the time available. NAMA has undertaken to provide
me with this information before the end of the week and, accordingly, I will issue a reply to
the Deputy at that stage. In the meantime, I can provide the Deputy with certain information
on legal fees. These details are set out as follows.
NAMA advise that the details are on a cash paid basis as opposed to the accrual accounting
basis that must be used in the Agency’s annual financial statements. It should also be noted
that the figures for 2012 are those incurred up to 6 February only.
Total Legal expenses by year (€)
Year
Base Amount
2010 9,746,625.68
2011 16,455,532.56
2012 1,349,117.41
Total 27,551,275.65
Top Ten suppliers to date (€)
1 Arthur Cox 3,074,552.86
2 Hogan Lovells International LLP 2,926,301.47
3 Allen and Overy LLP 2,473,941.32
4 Maples and Calder 2,046,545.39
5 Matheson Ormsby Prentice 1,577,475.09
6 Byrne Wallace 1,507,035.68
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