Oireachtas Joint and Select Committees
Wednesday, 29 March 2017
Public Accounts Committee
HEA - Financial Statement 2015
10:00 am
Mr. Andrew Brownlee:
An inspector was sent in by the Minister to look at the issue of the campus companies in WIT and he produced a comprehensive report. The finding was that WIT was wrong to use the campus companies as a vehicle to borrow, because institutes of technology do not have the capacity to borrow. Those campus companies were campus companies of WIT. The inspector, Mr. Dermot Quigley, made a range of recommendations. We undertook a review recently of how those-----