Oireachtas Joint and Select Committees

Thursday, 13 July 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Overview of Operations and Functioning of NAMA: Discussion

9:30 am

Mr. Brendan McDonagh:

The challenge is as follows. Someone with 15 to 20 years' experience in property working in NAMA is being paid €100,000 and we need that skill set because if we are dealing in property, we need to be able to talk to the debtor and understand what is going on with the property. We have seen the private sector pay the people who left NAMA a salary of €130,000 to €140,000.

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