Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Mr. Corrigan mentioned that the staff of the NTMA are not public servants. Do those who run the agency ever engage in discussions on adhering to the public sector pay cap that has been set by the Government? I understand that 11 members of the staff of the NTMA each earn over €250,000 per annum in salaries. Is it ever suggested that the public sector pay cap should apply to them? In 2011, the agency paid bonuses amounting to €62,000 to five individuals. Did it pay out any pay-related performance bonuses in 2012 and, if so, what was the total amount of these?

State Street defrauded the NTMA of €3.2 billion. I welcome the fact that the agency has recovered that money. Mr. Corrigan has previously stated that there is unfinished business in this regard. Last year, State Street managed €900 million of the State's money. Is this still the case? In light of the fraud which occurred, what will be the relationship with State Street in the future?