Thursday January 23, 2020

One hundred Nama staff shared in a €1m performance bonus

Ian Guider

Markets Editor

2nd June, 2019

Nama paid out performance bonuses of €1 million to more than 100 of its key staff over an 18-month period, the state’s bad bank has disclosed.

The agency’s annual report for 2018, published last week, also shows that its chief executive Brendan McDonagh waived his entitlement to performance pay for two years.

The report shows that 107 of the agency’s employees shared the €1 million performance pay pot between July 2017 and the...

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