Results 20,601-20,620 of 33,581 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: There are two things here, therefore. One is to explore further what happened in Waterford and the other is to be in a position to put in place a very robust framework of governance for the future.

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 said it was many years ago. I do not accept that answer as a member of this committee. It is unacceptable to give that answer. Serious issues have been identified. My colleague has gone through them as he is far more familiar with the matter. I have read the report. The equity was reduced from 15% to 10% but there is no documentation. Does Professor Donnelly accept...

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: Dr. O'Sullivan can comment but I want an answer from 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: I am not going into that this time. I am looking at the chapter here. Dr. O'Sullivan wished to comment.

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 have no difficulty with any of that, but the process must be open and accountable.

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: No. That is where the gaps are when we look at the chapter, but I will not waste time talking about it having to be negotiation. This meeting is about governance issues and the gaps that led to a company being sold in 2014 for €63.4 million that came from a public institution and all of the work in it. That is from where I am coming in terms of accountability. As such, I want to go...

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 financial institution gave €100,000 at the 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: On 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: Arising from that, we had Feedhenry Limited a few years later. The 1% is transferred to it. Is that what Professor Donnelly is saying?

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 there a copy of that agreement anywhere?

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 there a copy of the signed agreement available?

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 it available when the money was paid back?

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 became €147,000.

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: When was it paid back?

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 did WIT pay back €147,000 if there was no agreement? It does not have a copy 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: I do not know anything about law. I am here as a member of the Committee of Public Accounts.

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 date is on that letter?

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: Has the Office of the Comptroller and Auditor General seen 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: Was a cost-benefit analysis carried out before the sum of €100,000 was-----

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: No.