Joan Burton (Dublin West, Labour)

Can the Minister provide the Dáil with information on the hourly rate charged under these tender prices? Would the rate be in excess of €1,000 per day for the senior people working on the contracts? I find the €7.5 million fee charged by Merrill Lynch extraordinarily high. In his report on NAMA, Mr. Bacon referred to Merrill Lynch, but it is very difficult to know what bit of the company's advice was useful. The Department or the NTMA recently hired an economist to give the Minister advice on banking trends. The Minister claimed he had engaged an expert-----

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