Oireachtas Joint and Select Committees

Thursday, 14 February 2019

Public Accounts Committee

Business of Committee

9:00 am

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

That is an important aspect. We want to make sure the figures are incorporated into the accounts of the University of Limerick. If anyone wants to review the financial statements, he or she should, please, feel free to do so.

The next item is No. 1938B, correspondence received from Ms Julie Sinnamon of Enterprise Ireland, providing information requested by the committee, outlining Enterprise Ireland's full investment in FeedHenry, including its involvement in supporting and contributing to the commercialisation of the project. Ms Sinnamon confirms that Enterprise Ireland invested €1.59 million in the project and received €4.5 million from the proceeds of the sale. This was mentioned in passing the last day and we asked for a detailed letter on the matter. Other than Waterford Institute of Technology and Enterprise, did any other State organisation receive some of the proceeds of the sale?

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