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 2.18 refers to how the review highlighted some common areas of weakness, including in respect of systems for managing conflicts of interest and the decision-making process around relative equity stakes in spin-out companies. These were the two areas that the committee and I focused on. We highlighted potential deficiencies. That has been agreed by the Higher Education Authority and Knowledge Transfer Ireland. These were the areas where there were weaknesses.

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