Oireachtas Joint and Select Committees

Thursday, 26 September 2013

Public Accounts Committee

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

12:30 pm

Mr. Brendan McDonagh:

The figure we have quoted is that between last year and this year to date, we have lost 50 people. Some of these people obviously have joined companies which have nothing to do with NAMA. However, to be realistic with the Deputy, a number of other people have joined companies that may have some dealings with NAMA. As I indicated earlier, our best defence against that is to make sure that assets are openly marketed and that, in effect, by having the same information as everyone else, no one can steal a march on anyone else.