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

No. That is where the gaps are when we look at the chapter, but I will not waste time talking about it having to be negotiation. This meeting is about governance issues and the gaps that led to a company being sold in 2014 for €63.4 million that came from a public institution and all of the work in it. That is from where I am coming in terms of accountability. As such, I want to go back and ask Professor Donnelly a question about the original agreement with a credit institution on borrowing or investing the sum of €100,000. What was that about?

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