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 Seán FlemingSeán Fleming (Laois, Fianna Fail) | Oireachtas source

There must be a step up in that area.

Paragraph 348 of the report refers to the fact that Enterprise Ireland, EI, invested €300,000 plus €500,000, which is €800,000. If one looks at the chart, one sees that EI received €4.5 million for its share. It looks as if an investment of €800,000 yielded a return of €4.5 million. Is that correct?

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