Mr. McDonagh, CEO of Nama, faced scrutiny over his salary and personal affairs during his testimony to the Oireachtas Committee on Finance. He confirmed his salary of €430,000 and made disclosures regarding his role but refused to discuss private matters, such as renting a house for €10,000 a week. He acknowledged that he is well-compensated but defended his value to taxpayers with substantial returns. His communication with the Housing Minister began recently concerning a chief executive role, highlighting concerns over being perceived as a political figure.
Mr McDonagh stated that he has been making all 'relevant disclosures' regarding his salary and position, although he avoided discussing his personal affairs.
Despite his substantial €430,000 salary, Mr McDonagh highlighted the billions returned to taxpayers, arguing he provided 'value for money' in his role.
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