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 refer back to the report, which is more about clarification and not whether ethically they were right or wrong. It is about the reason the decision was made to do this. Paragraph 3.40 states that at the final negotiation, the equity for the institute was reduced from 15% to 12%. I think Mr. O'Sullivan said that was at the request of Enterprise Ireland.

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