Oireachtas Joint and Select Committees

Wednesday, 20 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of John Paul PhelanJohn Paul Phelan (Carlow-Kilkenny, Fine Gael) | Oireachtas source

Can I turn to page 31 of the core document? It's a group audit committee minute from Bank of Ireland and in the minutes, it's at the bottom of page 31, I think it is under the heading "Non Audit Fees", it is noted that approximately, and this is a quote, "approximately €6 [million] has been paid in Statutory Audit fees, including SOx, and €15.2 [million] on Non-Audit work". In the financial statement for the year ending 2009, the amount accounted for under auditors' remuneration comes in at €8.2 million. Can you reconcile the €8.4 million figure stated in the financial statement against the €21 million as per the minutes of the group audit committee?

Comments

No comments

Log in or join to post a public comment.