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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)

Kate O'Connell: Professor Donnelly cannot have been that foolish with that significant return on an investment.

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)

Kate O'Connell: It was Professor Donnelly's choice but it would have been good housekeeping to have seen this coming down the tracks. I do not think it is acceptable. I understand the standard practice relating to spin-off companies is done everywhere. Is it common practice and ethical in other institutes in other jurisdictions for somebody in a position such as Professor Donnelly's to invest personally...

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)

Kate O'Connell: Entitled and ethical are two totally different things.

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)

Kate O'Connell: I am questioning whether it was ethical. I am not saying the professor was unethical.

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)

Kate O'Connell: I understand that it was all in the public domain. I understand Professor Donnelly’s name was on the letters and all that. It is so clear, however, that it is just not appropriate that it goes to-----

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)

Kate O'Connell: Is Professor Donnelly saying that it is not unusual for somebody in a position like his to be investing in seedling companies?

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)

Kate O'Connell: Have we any examples of-----

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)

Kate O'Connell: I would appreciate if Professor Donnelly would not interrupt 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)

Kate O'Connell: Have we any other examples of people in decision-making roles in other institutes, such as Athlone, getting shareholding windfalls?

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)

Kate O'Connell: Is this standard practice?

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)

Kate O'Connell: Is this widespread?

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)

Kate O'Connell: Is it the case that people are not precluded from this?

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)

Kate O'Connell: The issue is the governance of such shareholdings.

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)

Kate O'Connell: One would imagine there would be a substantial paper trail attached to everything with no missing letters.

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)

Kate O'Connell: I am not judging, Deputy Cullinane. The point I am making is that it is obvious in companies that there are shareholdings for employees. However, it is concerning that they are there for people in decision-making roles.

Joint Oireachtas Committee on Health: National Children's Hospital: Discussion (Resumed) (23 Jan 2019)

Kate O'Connell: I thank the witnesses for coming in this week to speak to us. I have a number of questions. What happened to spark the establishment of the additional board in May 2017? Ms Conroy just spoke about April 2017 when the overruns became apparent. I spent a lot of time reading the opening statements last night. It took me a lot of time to work out. Maybe it is not fair to say but it strikes...

Joint Oireachtas Committee on Health: National Children's Hospital: Discussion (Resumed) (23 Jan 2019)

Kate O'Connell: I understand.

Joint Oireachtas Committee on Health: National Children's Hospital: Discussion (Resumed) (23 Jan 2019)

Kate O'Connell: I understand.

Joint Oireachtas Committee on Health: National Children's Hospital: Discussion (Resumed) (23 Jan 2019)

Kate O'Connell: I understand. At the outset-----

Joint Oireachtas Committee on Health: National Children's Hospital: Discussion (Resumed) (23 Jan 2019)

Kate O'Connell: So it was not a surprise. Ms Conroy is saying this was planned. In a sense what she is saying is - perhaps I do not understand her - that a new board was established because the HSE had moved into a new phase and, therefore, the existing board had run out of time.

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