Nama redundancy bill to cost €20m as agency winds down
Nama’s redundancy costs are set to be about €20 million as the agency accelerates its wind-down.
The agency had a headcount of 363 at the start of March. The numbers assigned to the agency are projected to drop to 292 by end December 2015 and to 125 by end December 2016, subject to the achievement of Nama’s disposal targets.
In response to a parliamentary question from Fianna Fáil TD Michael McGrath, Minister for Finance Michael Noonan said that while to date no staff member assigned to the agency has left due to redundancy, a...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Comment: Tourism can take off due to relaxation of US travel ban
Recovery cannot be taken for granted and is dependent on pro-tourism and pro-aviation policies from government
Anton Savage: Michael D can point the way forward on the North
A recent trip over the border was a revelatory reminder of the changes that the passing decades have brought
Willie O’Reilly: Board appointment put Bass in difficult position
Surely, by now, politicians should be aware of conflicts of interest when making appointments to state boards
Biden administration continues hardline approach to asylum seekers
The harsh treatment and deportation of Haitians seeking to cross the border from Mexico into Texas has caused concern and disquiet among Americans