Dáil Éireann Debate, Tuesday - 20 November 2012
229. Deputy Pearse Doherty asked the Minister for Finance if he will list the non-pay allowances made to the National Asset Management Agency executives and employees, including the provision of cars, private health insurance, credit cards for entertaining and moving allowances; if he will list each separate allowance paid in individual detail, including car type, insurance premia, sums allowed on credit cards and types of health policies. [51486/12]
View answerThe National Asset Management Agency (NAMA) has no employees. Rather, under Section 42 of the NAMA Act 2009, the National Treasury Management Agency (NTMA) assigns staff to NAMA. I am informed by the NTMA that a company car and health insurance are included in the remuneration package of the NAMA CEO. The value of these benefits (€24,483 in 2011) is published in NAMA’s Financial Statements included in its Annual Report which is available on the website www.nama.ie. Car allowances and health insurance are included in the remuneration packages of a limited number of NTMA staff assigned to NAMA. Credit cards are provided for legitimate business expenses only to a limited number of staff, subject to receipts being submitted. Entertainment allowances are not provided. Relocation expenses, subject to receipts, have been given in a limited number of cases where the NTMA has recruited people to NAMA from abroad.
