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

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9:00 am

Dr. James O'Sullivan:

In our new policy we have made a decision that if individuals have an equity stake in a private company, they forfeit their right to a royalty that we receive on their behalf.

We have made a clear distinction to try to remove that conflict but it is problematic.

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