David Cullinane (Waterford, Sinn Fein) | Oireachtas source

The note the committee got shows that in 2018, €13.4 million was spent on fit-out costs and professional fees relating to the new office accommodation at 1 Dublin Landings, North Wall Quay. We discussed this when the NTMA was before the committee previously. I estimate that, between 2018 and 2019, the fit-out costs are likely to exceed €25 million. Are those figures correct? It seems to be a lot of money to fit out a premises. Will Mr. O'Kelly talk me through the reasons for this expenditure? What is the background to this?