Results 18,721-18,740 of 26,685 for speaker:David Cullinane
- 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: With respect, that is not an adequate answer. It is an appalling answer. I was a director in a number of companies. If I was asked if I was a director of a company I would know the answer, as I would hope most people in this room would. Did Professor Donnelly have to attend any board meetings of FeedHenry as a director?
- 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 would know if a I was a director of a company. I will get to the context of the question now. Professor Donnelly was asked whether he was a director of a company that was eventually spun-out and sold for a significant amount of money. 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: On that occasion, Professor Donnelly was asked twice if he was a director of the company and on each occasion his response was "No".
- 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 was asked the question twice. He can check the record if he wishes.
- 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 have checked the record and I can tell Professor Donnelly that he was asked the question twice.
- 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 find that troubling. However, Professor Donnelly gave the answer he did. He then clarified for the committee in written correspondence that he was a director, in an attempt to clear up the record.
- 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 am suggesting that Professor Donnelly attempted to set the record straight by saying that he was a director.
- 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 am saying that because in correcting the record I believe it would have been also appropriate for him at that point to have declared that he was also a shareholder in the said company. He should have given the complete picture.
- 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 may not be the case. In any event-----
- 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 any event, Professor Donnelly did subsequently write to the committee and inform it that 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: In the letter that Professor Donnelly sent to the committee he acknowledged that 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: Let us not assume that everybody knows anything. I ask Professor Donnelly to answer the questions put to him. In any event, he subsequently wrote to the committee again. The context here is important because FeedHenry was a spin-out company that was sold on for a significant amount of money. I have a number of questions for Professor Donnelly in relation to that but I would welcome if...
- 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: When was FeedHenry established?
- 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: What was Professor Donnelly's role in the institute when FeedHenry was established?
- 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 was vice president of research and he set up this company?
- 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: Am I correct that Professor Donnelly was one of a number of people who set up this company?
- 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 established as a private company and then it entered into a relationship with the institute in which Professor Donnelly was the vice president of research and innovation.
- 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: We will get to whether it is the norm in a few minutes. Who were the other people involving in setting up the company?
- 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 not believe it makes any difference; they were shareholders in a company. The information is on the CRO records.
- 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: Am I correct that one of those people is Mr. Barry Downes?