Dáil debates

Wednesday, 25 February 2009

Financial Emergency Measures in the Public Interest Bill 2009: Committee Stage (Resumed) and Remaining Stages

 

9:00 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

Neither of those bodies work for me. PricewaterhouseCoopers has carried out an assessment of the exposures in the banking sector and is working for the Financial Regulator and is, therefore, remunerated by it. As the Deputy is aware, the regulator is funded through bank levies. Merrill Lynch is retained by the National Treasury Management Agency and it advises that agency. I will establish the position in respect of professional fees, but I do not have the information to hand. I am aware they are substantial.

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