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:

Yes. One has to recognise that people know NAMA will not be around forever but they also recognise that they have got responsibilities in terms of mortgages, children and things of the day and are looking for job security as well. Also, some people who are leaving NAMA are being offered substantial pay increases.

As we cannot compete with that, we just have to live with it.

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