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 David CullinaneDavid Cullinane (Waterford, Sinn Fein) | Oireachtas source

I am putting my questions and I am talking to the Cathaoirleach. It is very specific; it also refers to people with whom one had a business relationship, business partners.

Professor Donnelly had shareholdings in multiple companies. Some of those people with whom he was in a shareholding also had shareholdings in other companies co-located in the institute. It would take me all day to list out all those companies. How is it possible for Professor Donnelly to sit on the commercialisation committee, to have the office reporting back to him, given what I suggest would have been a matrix of conflicts of interest?

I then received this document, the updated policy, which has a commencement date of November 2016. The policy owner is no longer the head of the office of research and innovation. It is actually the technology transfer office. When one goes to the technology transfer office, where in the past the commercialisation office reported back to the head of research and innovation, it now refers back to the industry services manager.

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