Oireachtas Joint and Select Committees
Thursday, 22 June 2017
Public Accounts Committee
University College Cork and University of Limerick: Financial Statements
9:00 am
Seán Fleming (Laois, Fianna Fail) | Oireachtas source
Why then did the college just not buy the company title of IMI in its own right and leave whoever owned the 13 acres to take the risk on the market value of that property to clear the other debts? Given that one was separated why did it need to get into the property hedging business, as I would call it? Why did it not just leave the property? It did not need it. It could have acquired the name and the brand.
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