Wednesday June 3, 2020

€5m legal bill for fighting former PTSB shareholders

19th May, 2019
Piotr Skoczylas

Newly released documents show the state has spent millions of euro fighting former shareholders in Permanent TSB through the courts.

Heavily redacted records from the Department of Finance disclose that legal fees of close to €5.5 million have been racked up by the minister since 2011. However, a series of unexplained figures contained in an email attachment, adding up to €2.5 million, released under the Freedom of Information Act, do not appear to tally with...

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