Pearse Doherty (Donegal South West, Sinn Fein)
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179. To ask the Minister for Finance the total paid to a special manager (details supplied) in County Kildare since their appointment. [37369/13]

Michael Noonan (Limerick City, Fine Gael)
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I have been informed by the Central Bank of Ireland that from the 13 January 2012 to 26 April 2013 a total of €1,252,142 (including VAT) has been approved by the High Court for payment to the Special Manager in Newbridge Credit Union.

The rates payable to the Special Manager are set by the High Court and the actual fees are approved by the High Court after provision of supporting information by the Special Manager.

The hourly rate of fee payable to the Special Manager was reduced from €423 to €375 following an application by the Central Bank of Ireland to the Court in February 2012 and this included a corresponding reduction for staff working for the Special Manager.