Special liquidator and accountancy firm KPMG earned the lion's share of the fees or €48m in the 14 months to the end of March or 40pc of the total cost associated with shutting the former Anglo Irish Bank. Charges paid to KPMG - where the special liquidators Kieran Wallace and Eamonn Richardson are partners - were in line with rates struck by NAMA but were reduced by €5m following discussions requested by the Minister for Finance Michael Noonan, according to a progress report on the process published today. Law firm A&L Goodbody racked up €25m in fees but agreed a rebate of €2.5m, and international law firm Linklaters earned €16m – and agreed a €100,000 rebate. Other professional advisers who received fees included Arthur Cox, PwC, Savills, Deloitte, Merrills and Goodbody with the fees coming from the liquidation of taxpayer-owned IBRC.