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

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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The NTMA, which is not here, told us a bit about the NAMA contracts, some of which come to an end when the work in NAMA finishes. Mr. McDonagh's contract is different. When he moved from the NTMA to NAMA, he went from a salary which, I think, was reported in the media as being around €210,000 to a salary of €430,000. He is going back to a State body. It is the taxpayer who pays him. Is he, as Micheál Martin suggested in the Dáil, going to be paid the €430,000 anyway and that is why the Taoiseach said this would cost the taxpayer any money if Mr. McDonagh took on the housing tsar role because he was getting this money anyway? It is a fair question because the public are asking the questions.