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Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: Mr. Field went through this with An Teachta McDonald.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: Was this internal review carried out by the financial controller?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: By Mr. Field. Did the financial controller had a role to play in it?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: Is that not part of the problem because how is it possible that a person who ultimately would have to take responsibility for failures is also the person who was carrying out an internal review? One would have to point out, potentially, if one was to uncover that there were systems failures, that was in part Mr. Field's responsibility. How is it possible that an internal review that would...

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: That is not the point.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: We understand that but that is not the point.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: I will have to hold Mr. Field there, because at that point we had no review.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: I will bring in the Higher Education Authority, HEA. This is my final question on this issue, and I will come back to the second issue. I raised the issue of a separate internal review into a different issue in another institute when other institutes were present in previous sittings. Given what has been outlined, would Dr. Love be satisfied that having internal reviews in institutes is...

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: Would Dr. Love say, as a matter of practice, that in most cases it would be better if the reviews were external rather than internal?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: My second question is to get clarity from Professor Barry. How many spin-out companies are there in the University of Limerick?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: Even the ones that are there at the moment? So Professor Barry is saying there are two-----

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: Two per year, okay. What is the average percentage shareholding that the university has in these companies?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: I understand that as I have been through this process with other institutes. I am asking for specific reasons. I am hearing that the average is 15%. While it can be diluted if the venture funds require it, on average, it would be about 15%. Who would have responsibility for management of conflicts of interest and for protecting the interests of the institute or university in Professor...

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: The vice president for research. Can I stop Professor Barry there for a moment? The vice president for research obviously has a governance role. Were there any situations in which the vice president for research in Professor Barry's institute was a director or shareholder in any of these spin-out companies?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: Why not?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: If the head of research at Professor Barry's institute was a director and shareholder in several spin-out companies in his organisation, would he see that as a conflict of interest?

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: I thank Professor Barry for the answer. I ask that it be noted by the Chair and the secretariat that the presidents of both UCC and UL have stated it would be their view that there would be a strong conflict of interest if the head of research-----

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: A potential conflict of interest, if the head of research in their institutes was a shareholder in multiple spin-out companies located in their institutes. I want that noted in the record.

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: I have a few questions for Professor Barry. Given that he has been in the institute for a long number of years, given that we have information that was brought to his attention by people who have been characterised as whistleblowers, given that there was an internal review and then an external review, and given everything Professor Barry has seen since then, would it be his position that...

Public Accounts Committee: University of Limerick: Financial Statements 2014-2015 (30 Mar 2017)

David Cullinane: Would he be of the view that there was any wrongdoing by any individuals in claiming expenses in his organisation?

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