Oireachtas Joint and Select Committees

Wednesday, 20 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Ronan Murphy:

Fees in that year were €9 million, of which €8.1 million were audit and audit related and €900,000 were non-audit fees. So in relation to your question regarding independence, the non-audit fees were just about 10% of the total fees. So, therefore, it would be wrong to say there was any potential impairment of our independence given that small percentage.

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