Results 20,041-20,060 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 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.
- 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: Mr. White, I did not ask that.
- 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 late and it is difficult to keep one’s train of thought. We have had a long day and so have many of the other people here.
- 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 after getting two answers. I am getting your answer on policy and Ms Sheridan told me they did pay. Can I have an answer, please? Who paid what? Where were they located? What was the name? I am getting confused at this point with FeedHenry Limited. Prior to that there was something else and it was using the ArcLabs address. Is it correct that it was using that as its registered...
- 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: Please clarify that for me, one, two, and three.
- 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: Ms Sheridan is reading from the Comptroller and Auditor General’s report. What evaluation was done of FeedHenry using the public facilities?
- 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: A lease agreement?
- 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: Very good. How much did it pay?
- 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: Is it the case that it paid a lease for so many 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: How much did it pay and for how many 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: These are important items. What I see is a company that is sold at a phenomenal price. All that is very good. However, it was based primarily on public research and the use of public facilities. I want to see what was given back, in addition to the sum which came back of €1.6 million but net was only €900,000. Mr. White jumped in to say it is not the policy to recover the...
- 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 want to ask the HEA about this. Over the past two years, more by default, information has come out such as the absence of robust policies. Even if they are there, they are not implemented. Mr. Donnelly has pointed out, which is in the Comptroller and Auditor General’s report, that a policy was introduced in 2004 but not implemented until 2010. Subsequently, there was another...
- 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: Can I identify the governance, which Mr. Beausang mentioned? We all agree on the lack of governance and when the policies are brought in, who will implement them and ensure they are being carried out? There is also an area where commercialisation is regarded as being good and all of the public facilities are used to help to make a massive profit for a private company. Is that Government...
- 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 coming from the EU, Enterprise Ireland and I do not know how many other entities.