Results 13,101-13,120 of 32,978 for speaker:Catherine Connolly
- 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 (24 Jan 2019)
Catherine Connolly: It may well be standard practice, but what I see is that there are no standard governance arrangements or if there are in theory, they are not implemented. That is what I have seen in lots of institutions.
- 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 (24 Jan 2019)
Catherine Connolly: The research is great, but was the body of governors aware of it?
- 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 (24 Jan 2019)
Catherine Connolly: It was monitoring the whole time?
- 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 (24 Jan 2019)
Catherine Connolly: I am talking about the governance body.
- 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 (24 Jan 2019)
Catherine Connolly: Do not use the word "aware".
- 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 (24 Jan 2019)
Catherine Connolly: I thank Professor Donnelly.
- 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 (24 Jan 2019)
Catherine Connolly: Was Professor Donnelly a member of the governing body?
- 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 (24 Jan 2019)
Catherine Connolly: Professor Donnelly accepts that there is no record of the governance body-----
- 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 (24 Jan 2019)
Catherine Connolly: Feedhenry Limited was formed in 2008 and a licence was provided for it. Who made that decision?
- 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 (24 Jan 2019)
Catherine Connolly: In 2010 full ownership was granted by the institute.
- 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 (24 Jan 2019)
Catherine Connolly: I did not ask Professor Donnelly. I only want him to confirm if I am right or wrong.
- 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 (24 Jan 2019)
Catherine Connolly: In 2010, Waterford Institute of Technology divested itself of ownership in return for an equity share.
- 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 (24 Jan 2019)
Catherine Connolly: What was that equity share?
- 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 (24 Jan 2019)
Catherine Connolly: It was 10.8%, having started at 15%. Ownership has gone, the public institution has an equity share less than what was anticipated, and four years later, it sold for €62.5 million. In return, money comes back. The bank or credit institution is paid off. Is Professor Donnelly in a position to say what he got?
- 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 (24 Jan 2019)
Catherine Connolly: Why?
- 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 (24 Jan 2019)
Catherine Connolly: That is okay. I asked Professor Donnelly the question and got the answer. It sold for over €52 million. What came back to the public body after all the years?
- 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 (24 Jan 2019)
Catherine Connolly: Enterprise Ireland did better than the institute.
- 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 (24 Jan 2019)
Catherine Connolly: I thank Mr. McCarthy for that clarification. On the moneys which came back to the institute, which came to approximately €900,000 net, was there a cost analysis of the facilities made available to the company for the time it was on the campus?
- 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 (24 Jan 2019)
Catherine Connolly: Will Ms Sheridan provide details of this because it is not clear to me?
- 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 (24 Jan 2019)
Catherine Connolly: It is not in any report.