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

Dr. James O'Sullivan:

No. We had to seek permission through the exploitation consent committee within Enterprise Ireland at the time to undertake that deal but to reduce it, we went back to Enterprise Ireland and, as the Deputy correctly pointed out, it said no additional consent was required from it to reduce the equity from 15% to 12%.

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