Thursday 22 March 2018

NAMA's e114m fees

AUDITING firm KPMG received more than €18m in fees from NAMA -- a portion of the €114.7m bonanza for professional firms.

Finance Minister Michael Noonan confirmed KPMG received the fees from NAMA since the agency's inception.

Mr Noonan detailed payments in excess of €114.7m -- inclusive of VAT -- paid out by NAMA since 2010.

The firms to receive the highest amounts were PriceWaterhouseCoopers which received €13m in fees; Ernst & Young which took €8.4m while Alvarez & Marsal Europe LLP took €6.6m in fees. Deloitte & Touche and FTI Consulting got €4.5m each.

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