Oireachtas Joint and Select Committees

Thursday, 17 June 2021

Public Accounts Committee

University of Limerick: Financial Statements 2019

9:30 am

Photo of Brian StanleyBrian Stanley (Laois-Offaly, Sinn Fein) | Oireachtas source

I have a couple of questions before we conclude. The president confirmed earlier that there was no written quotation on file on the large financial transaction regarding the Dunnes Stores site, which involved substantial public funding. From my limited experience, anyone who has served on the board of a company would know that if the fire extinguishers in a modestly sized building were going to be changed at a value of €2,000 or €3,000, the board would ask the manager to get at least two written quotations and present them to it at the next meeting. I appreciate that Professor Mey is new in the job. She outlined that in her opening statement, and she accepted that things have not been good or the way they should be. What I say to her is not meant in any lecturing way, but I think I am expressing the view of the committee that how things have been managed to date at UL is very unsatisfactory. It is public money. I acknowledge Professor Mey is aware of that. We are all public servants. We will probably revisit these matters again. I ask that substantial progress be made. I understand that it can be difficult to deal with issues retrospectively. We can see there are difficulties in a number of areas.

I understand there were recommendations in the McKenna report regarding the creation of specific roles for individuals. Is that correct?

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