Oireachtas Joint and Select Committees

Thursday, 18 December 2014

Public Accounts Committee

National Asset Management Agency Financial Statements 2013

12:00 pm

Mr. Brendan McDonagh:

Just in terms of the people who left I will give a breakdown. Some 119 people have left NAMA since the start, 16 of whom were on short-term contracts and when their contracts ended they left. Two people have retired. Some 22 people, as is reflective of many other places, decided to leave and go travelling for personal reasons, 65 went to work for alternative employers and 14 moved from NAMA to other businesses in the NTMA. Of the 65 who moved to alternative employers, I cannot recall anybody who has gone to work for a developer.

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