Seanad debates
Tuesday, 8 March 2011
Order of Business
3:00 am
Paddy Burke (Fine Gael)
I ask the new Government to take on board an issue I have raised in this House on a number of occasions, that of the €2.8 billion in fees in respect of NAMA being paid by banks. In some instances the consultancy fees have amounted to €3,500 per day. That is a disgrace and we cannot afford it. We hear from Senator Harris about the pain inflicted and the cuts that should be proposed. Right now we cannot afford to pay these fees as a nation. I hope this will be one of the first things the new Government will do.
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