Redundancy and ‘garden leave’ payments at NAMA totalled €3.2 million over 19-month period

NAMA has paid out €3.2 million in redundancy and garden leave payments over the space of just over a year and a half, new figures have shown.

Figures from the National Asset Management Agency reveal that 49 former staff received redundancy pay in the period between June 2020 and the end of last year.

One person received a redundancy payout exceeding €100,000 while another was paid between €90,000 and €100,000 as the agency continues to wind down its operations.

A total of €2.2 million was paid out in redundancy with two people receiving between €80,000 and €90,000 and four getting between €70,000 and €80,000.