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Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: The HR office contacted the TUI and asked it to sign off on this policy on Wednesday.

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: It was sent to it for its consideration.

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: On a number of occasions, the president referenced a line of questioning. If he checks the transcripts of previous meetings, he will see that nobody in this committee is alleging wrongdoing but we do have concerns. I have concerns about process. It is reasonable for me to put questions relating to somebody who has an executive function - a management and oversight role - relating to...

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: I wish to make a point if Deputy Connolly will allow it. There is a bit of talking around the issue because with respect to Dr. Love, no one is disagreeing with the merits of commercialising intellectual property. Nobody is disagreeing with the fact that it creates jobs and we all need jobs. We had this conversation earlier. Dr. Love has spoken about what is usual and what is normal. I...

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: That point has been lost by the HEA

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: I do indeed.

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: I want to remind the committee that Professor Donnelly was a shareholder in a number of companies. I want to be clear about that for the record of the Committee of Public Accounts. One was Aceno Mobile Services, which then became ZolkC. Is that correct?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: One is Fuseami, in which the Professor Donnelly is still a shareholder. Is that correct?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: One was FeedHenry, which was sold on. There would be individuals with whom Professor Donnelly was shareholder in FeedHenry, who are also shareholders in Aceno and other companies. Is that correct?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: There would be a small number of the same individuals who had shareholdings in these companies. That is the point I am making. I am not alleging any wrongdoing. I am looking for factual information.

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: In this instance, when the witness was vice-president of-----

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: And there is a number in which you are still a shareholder.

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: Professor Donnelly is now president of the institute but he is still a shareholder in two companies. Did he have to declare that interest when he applied for the job as president?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: Professor Donnelly would have declared it.

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: In terms of those companies, we have Aceno, ZolkC, Fuseami and FeedHenry. Did any of those companies receive EU funding?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: As companies.

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: Did they receive any European funding?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: Did Professor Donnelly have any role in that?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: Would he ever have gone to Brussels to lobby for investment in any of the companies in which he was a shareholder?

Public Accounts Committee: 2015 Annual Report of the Comptroller and Auditor General and Appropriation Accounts
Waterford Institute of Technology: Financial Statements 2013-2014
(6 Apr 2017)

David Cullinane: Did any of these companies receive any grants from the State, from Enterprise Ireland or any State agency, or any research support?

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