Expert bought patents he was hired to value, PAC hears

AN expert employed to value the patents left over from the collapse of Media Lab was then allowed to buy them, the Dáil’s Public Accounts Committee yesterday heard.

Fri, 20 Oct, 2006 - 01:00

Shaun Connolly, Political Correspondent

PAC member Dan Boyle expressed surprise as he confronted Government officials over the turn of events.

Irish taxpayers were left with a €35 million bill when the hi-tech Media Lab Europe venture went under in January 2005.

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Courts Politics Person: Dan Boyle Person: Boyle Person: Robert Swartz Person: Swartz Person: secretary general Person: Brendan Tuohy Organisation: PAC Organisation: An Organisation: Dáil’s Public Accounts Committee Organisation: Media Lab Europe Organisation: Green Party Organisation: Communications Organisation: EU Organisation: C&AG

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Expert bought patents he was hired to value, PAC hears

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