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 Catherine ConnollyCatherine Connolly (Galway West, Independent) | Oireachtas source

Out of 292. So Professor Donnelly and the Higher Education Authority will appreciate that being one of five out of 292 to receive a qualified audit is serious. At the same time, we have just heard evidence that Waterford Institute of Technology has got €1.5 million out of a €63.9 million sale and Professor Donnelly is nodding that this is perfectly acceptable. By way of further example, is the London School of Economics the example being chosen?

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