Oireachtas Joint and Select Committees

Thursday, 26 September 2013

Public Accounts Committee

Annual Report and Financial Statements 2012: Discussion with National Asset Management Agency

1:00 pm

Mr. Brendan McDonagh:

We certainly have had that discussion with the NTMA, as it is the employer. Both the Department and the Minister would be aware of what is happening around this. It is a fact of life that people are getting the opportunity to move because of more remuneration. To do this job properly, I need to have people with the right skillsets. There is no point in me coming back in a year’s time to the committee to say I have not met my cash flow generation targets because half of my staff left. I am just pointing out an economic reality.

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