Pearse Doherty (Donegal, Sinn Fein)
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I thank Mr. McDonagh for coming before the committee. I want to state in public session that it is unacceptable for the NTMA not to be here. They are paid and paid well and are servants of the public. The Oireachtas finance committee invited them in. They should be here to answer the questions. Mr. McDonagh is here and we appreciate that.

He has outlined the work that NAMA has to do between now and the end of the year in terms of its wind-up. Is it not the case that there was a chance that Mr. McDonagh was not going to be there to oversee that process? That is my first question. Can he outline to this committee what the process was in the approaches that were made to him to move away from NAMA and into the role of the so-called housing tsar? Did any Minister speak to him in relation to that potential move at any time up until him indicating he was not interested? Did any official or Secretary General approach him? Could he give those details to this committee please?