Oireachtas Joint and Select Committees

Thursday, 6 April 2017

Public Accounts Committee

2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014

9:00 am

Photo of Mary Lou McDonaldMary Lou McDonald (Dublin Central, Sinn Fein) | Oireachtas source

On the issue of intellectual property, I specifically ask that the Comptroller and Auditor General looks under the bonnet of the commercialisation of IP because the governance frameworks and protocols are essential. The witnesses have said they have them and I accept that but we have to check they are being implemented and adhered to. I want to know where the money went. I want to see it in euro and cents. I want to know how much was generated and how the taxpayer and various institutes benefitted or not. In addition to the governance piece that Dr. Love has referred to, we want to see the money trail. I would like the Comptroller and Auditor General to comment on that.

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