23 developers claim €100k salaries despite being in Nama over debt

At least 23 developers put into Nama because of their part in the economic crash are still receiving salaries of €100,000 a year.

Nama chairman Frank Daly confirmed the salaries during a meeting in which the group’s chief executive, Brendan McDonagh, said that, “regardless of the scale of housing shortfall in Ireland”, Nama cannot fund housing projects that are “not commercially viable”.