Nama receiver fees top €115m

The building bust provided a bonanza for accountancy firms with new figures showing that Nama has paid receivers €115.39m over the past seven years.

According to figures provided by the Minister for Finance, Paschal Donohoe, the big winner in the lucrative work was Grant Thornton which between its Irish and UK arms has received €17.28m for its work in the area.

One of the big four accountancy firms, KPMG received €13m in fees; while Duff & Phelps received €10.24m; RSM Ireland-Baker Tilly received €9.7m; PwC received €7.98m; Mazars received €7.43m; and Deloitte received €7m.