Results 12,641-12,660 of 26,396 for speaker:David Cullinane
- 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)
David Cullinane: The report goes on, at paragraph 3.37: "On 29 November 2010, an official from the Research Office emailed FeedHenry Ltd outlining his concerns at the changes sought." Somebody from the research office obviously had a concern and contacted the company to communicate that. Is that correct?
- 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)
David Cullinane: The paragraph continues: "The official's view was that the institute should receive the previously agreed 15% share of the equity." Was that all done? Is there documentation to support 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)
David Cullinane: Can I ask Mr. Donnelly if the committee can see that documentation? I will let him answer in a second but I just want to know first because I am not yet finished with Mr. McCarthy. Can the committee receive that documentation?
- 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)
David Cullinane: The paragraph continues: "The official also signalled that the Commercialisation Committee would commence an oversight role from 1 December 2010." Can Mr. McCarthy tell me was that ever done?
- 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)
David Cullinane: In paragraph 3.37: "The official also signalled that the Commercialisation Committee would commence an oversight role."
- 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)
David Cullinane: That was the first time the commercialisation committee would have-----
- 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)
David Cullinane: Paragraph 3.38 refers to the vice president for research and that refers to Mr. Donnelly, does it not? Yes. The paragraph reads: "Although the Vice President for Research was not included in the correspondence concerning the proposed change of terms, he [Mr. Donnelly] emailed the Secretary/Financial Controller, later on 29 November 2010, in support of the company's proposal for 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)
David Cullinane: Mr. Donnelly is the vice president for research of the institute and a shareholder in the company and he emails the institute to say he is in favour of the reduction in equity of 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)
David Cullinane: Would Mr. Donnelly let me make my point? I will then ask for the opinions of others. Would Mr. Donnelly not see that as a blatant conflict of interest?
- 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)
David Cullinane: Sorry, I want to stop Mr. Donnelly there.
- 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)
David Cullinane: Mr. Donnelly does not need to finish.
- 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)
David Cullinane: He does not. I agree that, in these situations, there are factors which could determine that decisions have to be made quickly. That is not in question.
- 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)
David Cullinane: The question is whether Mr. Donnelly is the appropriate person to send an email as both vice president for research and a shareholder in the company to request that the equity be reduced. That is my concern.
- 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)
David Cullinane: I thank Mr. Donnelly for that. I want Mr. McCarthy's professional opinion. Here we have a vice president of an institute for research who was also a shareholder in a company and, notwithstanding his declaration of a conflict of interest, as a shareholder of a company, he stood to gain financially if that company was sold. He then, as vice president, wrote to the financial controller...
- 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)
David Cullinane: Would Mr. Beausang see it as a conflict of interest, or at least something that should have been avoided? In other words, and notwithstanding everything that Mr. Donnelly said, it was not appropriate to lobby the institute or write to the institute when he had an interest in the company?
- 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)
David Cullinane: I am asking for Mr. Beausang's opinion now.
- 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)
David Cullinane: Maybe Mr. Beausang will answer when he has finished his process. I do not need a process to give a short answer to that because it seems obvious to most people in the room. People can speak for themselves, but we will wait until Mr. Beausang can answer. Would Mr. O'Toole see that as a conflict of interest or at least something that could or should have been avoided?
- 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)
David Cullinane: I have one more question, although I might come back in the second round of questioning. The intellectual property policy was developed in 2010 and it references the commercialisation committee but, in fact, it was a technology transfer office. It says that someone has a conflict of interest if they, or someone known to them, or somebody with whom they are in a business relationship, or...
- 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)
David Cullinane: Professor Donnelly does not-----
- 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)
David Cullinane: He did have. On the previous occasion he was before the committee he said he had a shareholding in a number of companies.