Oireachtas Joint and Select Committees

Wednesday, 24 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Role and Functions of NAMA: Discussion

3:40 pm

Mr. Brendan McDonagh:

This is managed quite effectively under section 45 of the Act which deals with the issue of conflicts. We might need a person for a specific project. The person who takes on this job may be on secondment for a short period and we treat them as a NAMA employee. They must go through all the compliance procedures undertaken by any NAMA employee.

They are subject to all the same provisions regarding conflict, compliance and confidentiality as any full-time NAMA employee.

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