C&AG report: State paid €152m to advisors in bank crisis

The Government and State agencies have paid consultants €152m for advice on the banking crisis.

More than 70 specialist legal, accountancy, and investment firms shared in the business created by the collapse of the banking sector from 2008 to 2014.

Top earners Arthur Cox solicitors were paid €33.06m by the Department of Finance, National Treasury Management Agency, National Pensions Reserve Fund, and Central Bank.