Nama highfliers to exit agency with payoffs of €42k each

Thirty-six highfliers at Nama earning over €100,000 are to exit the agency door at the end of the year with an average payoff of €42,000 each.

According to Finance Minister Michael Noonan, 50 Nama employees have opted for the agency’s voluntary redundancy programme as the agency winds down its operations.

In a written Dáil reply to Fianna Fail’s Michael McGrath, Mr Noonan confirmed that 36 of the 50 to opt for voluntary redundancy earn €100,000 to €200,000, with the remaining 14 workers earning less than €100,000. Mr Noonan confirmed no employee earning over €200,000 at Nama has opted for the voluntary redundancy scheme.