"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."
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.
Read at Irish Independent
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