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 Gerald NashGerald Nash (Louth, Labour)
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The NTMA was informed. Of course, the NTMA - and the Taoiseach has put this on the record - would essentially be the parent agency. Mr. McDonagh said that it was his understanding, from speaking to the Secretary General of the Department of Housing or the Minister, Deputy Browne, that, ultimately, those who were going to be part of this operation, this housing advisory body, and would be paid by their parent agency. Mr. McDonagh explained to Frank O’Connor the potential for this offer to be made and that the NTMA would be paying his salary if he were to assume that role. Did Frank O’Connor understand that to be the case?