Pearse Doherty (Donegal, Sinn Fein)
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55. To ask the Minister for Finance the amount of fees paid to the administrators of a company (details supplied) for each of the years since it went into administration, in tabular form; and if he will make a statement on the matter. [9032/16]

Michael Noonan (Limerick City, Fine Gael)
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In 2010, Joint Administrators were appointed by the High Court, at the request of the Central Bank of Ireland, because of concerns about the solvency position of Quinn Insurance Limited (QIL).

The following table sets out the total fees and costs incurred by the Joint Administrators of QIL for the period 2010 to 2015.

All amounts paid to the Joint Administrators are submitted to and approved by the President of the High Court.

The overall reduction in the fees since 2011 reflects the sale of assets and portfolio transfer.