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

Paragraph 3.51, which is important, states:

In August 2004, the President of Waterford Institute of Technology [that was not Professor Donnelly but one of his predecessors] informed the Governing Body members of the proposed sale [of FeedHenry Ltd] to a multinational company and requested their consent for the sale. In [September] 2014, the Governing Body gave its consent ...

That would be the appropriate way to deal with it. The difficulty with that is that the governing body was not aware of all of the previous issues.

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