Oireachtas Joint and Select Committees

Wednesday, 20 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

So the question really I have is twofold. Number one - in 2008 the €10.8 million, which was the total fee - €4.9 million for the audit and €5.9 for the non-audit - was that your highest single fee? And, secondly, from a ten-year period up to 2009 it's reported that, between audit and non-audit income, you got over €100 million for Bank of Ireland and about ... you could take it that €56 million of that was non-audit and about €50 million of it was audit. Did that in any way conflict you ... to have that level of fees coming in from one single client?

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