Oireachtas Joint and Select Committees

Thursday, 24 January 2019

Public Accounts Committee

Special Report No. 104 of the Comptroller and Auditor General: Waterford Institute of Technology - Development and Disposal of Intellectual Property in FeedHenry

9:00 am

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

I have one more question, although I might come back in the second round of questioning. The intellectual property policy was developed in 2010 and it references the commercialisation committee but, in fact, it was a technology transfer office. It says that someone has a conflict of interest if they, or someone known to them, or somebody with whom they are in a business relationship, or somebody to whom they report has an interest in the company and they must absolve themselves of any decision making.

If the policy was in place from 2004 to 2010, most of the people in the commercialisation office would have reported to Professor Donnelly. In fact, as President, they now all do. Does Professor Donnelly have shareholdings in any existing companies in WIT?

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