Nama boss Brendan McDonagh withdraws his name from 'housing tsar' government role
Briefly

The appointment of Mr. McDonagh as the 'preferred candidate' for the Housing Activation Office has faced significant opposition within the Irish government due to his proposed €430,000 salary, which Fine Gael ministers deemed too high. There is also confusion over funding as the salary and terms were not officially agreed upon with the National Treasury Management Agency. This has led to a push for further discussions within the coalition regarding the appointment and its implication on the ongoing housing crisis.
Mr McDonagh was preferred for the role but his €430,000 salary and the lack of clarity surrounding the appointment have caused significant cabinet turmoil.
Fine Gael believes they were not consulted on Mr McDonagh's candidacy, indicating a need for further discussion on the CEO's appointment.
Read at Irish Independent
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