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
Seán Fleming (Laois, Fianna Fail) | Oireachtas source
Yes. It is easy, with hindsight. Had it charged the expenses as part of its proportion of share capital and not got paid for them, it could have made 500% profit on the costs incurred. It is easy to say, with the benefit of hindsight, particularly when one looks at how well EI did in terms of its share holding. WIT actually got paid but had it carried that and built it in as part of its investment in the company, it would-----
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