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Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: DIT's loss was one of the largest. Is that correct?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: Was it the largest?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: Was DIT's loss the largest?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: Whose was the second largest?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: How much did it lose?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: Yes, I know, but DIT lost €700,000.

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: That is some variance.

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: Was the percentage of journals that Carlow took from the company versus the percentage that DIT took reflected in the relative losses? I am trying to match up the amounts lost and the amount of journals that were used. Would they correlate?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: DIT paid upfront.

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: Why?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: Why did the others not pay upfront?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: It was just an accident that DIT was the first and was the only one that had paid upfront. Is that right?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: We are on a clock in here.

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: DIT paid upfront. The institute made the decision to pay upfront. Mr. Colm Whelan would have made that decision, I presume.

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: The others did not pay upfront.

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: Did DIT receive the goods? It never received them, as far as I understand.

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: What was the time difference between when DIT signed up and found out that the company was folding?

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: That is three months and-----

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: DIT received nothing.

Public Accounts Committee: Dublin Institute of Technology: Financial Statement 2013-2014
Grangegorman Development Agency: Financial Statement 2015
(6 Apr 2017)

Alan Kelly: I know but for the tender in Ireland, DIT was the largest customer.

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