Oireachtas Joint and Select Committees

Thursday, 22 June 2017

Public Accounts Committee

Dublin Institute of Technology and Cork Institute of Technology: Financial Statements

9:00 am

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

It is something I have asked to come back to. If I take the case of NUIG, its foundation does not pay rent, as Professor Norton is saying of DIT's foundation, because they give money. They give money under conditions, however. We do not know what the conditions are. I am just taking it as an example. It builds many buildings as opposed to looking at poverty or putting in a professor of Irish, a vacancy which has existed for a long time.

The money is coming with conditions and with a corporate tinge because we have a list of who is on the foundation in New York. I will come back to this separately in respect of all the foundations on another occasion. Goldman Sachs, Coca Cola and so on make contributions with no discussion over control. All we are being told is the DIT has no control over the foundation. The relevant question is what control the foundation has over education in those colleges. That is just a comment.

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