Oireachtas Joint and Select Committees
Wednesday, 15 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Pat Farrell:
No, no ... no, I'm very ... I would be anxious to be helpful. I mean, they, they ... obviously with a busy programme, we employed 16 people that were fairly specialised individuals and the fees varied according to the size of the bank's balance sheet, if they were a domestic bank, and then we had a fee arrangement for IFSC banks, which was related to whether they had over or under 40 employees, which was just an arbitrary number that we picked at the time.
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