Written answers

Tuesday, 14 July 2015

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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287. To ask the Minister for Finance if he will provide, in tabular form, details of all fees paid to members of the National Asset Management Agency's Northern Ireland advisory board; and if he will make a statement on the matter. [28788/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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NAMA Board and Committee fees are set out in NAMA's annual reports and financial statements for the relevant reporting period. 

Peter Stewart, a former NAMA Board member, was paid €7,641 in 2010 and €7,700 in 2011 for chairing the Northern Ireland Advisory Committee (NIAC). Mr Stewart resigned from the NAMA Board and NIAC in October 2011 and was replaced by NAMA Board Chair Frank Daly.No additional fees are paid to NAMA Board members for serving on the NIAC.Frank Cushnahan resigned from the NIAC on 8th November 2013.

Northern Ireland Advisory Committee fees for each of the years 2010, 2011, 2012, 2013 and 2014 were as follows:

2010€2011€2012€2013€2014€Total€
Peter Stewart 7,6417,70000015,341
Frank Cushnahan4,0005,0004,0003,000016,000
Brian Rowntree4,0005,0004,0004,0002,02519,025
Total15,64117,7008,0007,0002,02550,366

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