Oireachtas Joint and Select Committees
Wednesday, 21 May 2025
Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach
Dissolution of National Asset Management Agency: Discussion
2:00 am
Mr. Brendan McDonagh:
There are 72 people in NAMA today, all but two of whom have been accepted for VR programmes. Of those 72 people, the NTMA has said - and I believe said this in its submission to the committee yesterday - it thinks it might need up to ten people. It will advertise the roles and people from NAMA may apply. Then the NTMA will decided whether to take them. It will be only for as long a time as the NTMA needs them. If the work gets done in a year the contract finishes in a year and so on. As I said, the tail end of this is litigation and that is the difficulty.