Central Bank paid ex-Anglo auditor €22m
Published 10/07/2015 | 02:30
Accounting firm, Ernst & Young (EY) has received fees from the Central Bank totalling between €21m and €22m over the past two years.
Between 2011 and 2015, Minister Noonan confirmed in a written Dail reply to Deputy Joe Carey (FG) that the Central Bank paid EY between €25m and €27.5m in fees.
However, the bank yesterday refused to say what type of work EY engaged in last year for the Central Bank to receive the large fee pay-out.
The bank declined to give a reason why it was refusing to provide the information.
Famously, EY were auditors of Anglo Irish Bank before the bust earning €10.3m in fees over a 10-year period.
EY Ireland recorded an 18pc increase in revenues to €166m last year.