Oireachtas Joint and Select Committees

Wednesday, 24 October 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Role and Functions of NAMA: Discussion

4:00 pm

Mr. Frank Daly:

Cooling off periods cost money. The reality is we have no reason to believe that the small number of people who have left NAMA since its foundation have in any way compromised NAMA or used their knowledge to disadvantage NAMA. In an ideal world one might introduce a two year cooling off period but the reality is that, for a start, we would have to pay such people for the two years. Is that what the Deputy wants? Does he want people who leave to be paid by NAMA for one or two years after they go? I think we should be proportionate.

Comments

No comments

Log in or join to post a public comment.