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

We have dealt with that. The Comptroller and Auditor General states at paragraph 2.22: "There is no record that the assignment of the Institute's IP to FeedHenry Ltd in December 2010 was considered or approved by the Governing Body." Essentially, a decision was made to transfer the IP. That would have been a fairly big decision to make. I gather the person or the office overseeing it was the financial controller at the time. Is that correct?

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