Oireachtas Joint and Select Committees
Thursday, 9 May 2024
Public Accounts Committee
Financial Statements 2022: University of Limerick
9:00 am
Professor Shane Kilcommins:
The governing authority approved it on 3 August so it was there. The Deputy asked how it occurred. There are a number of reasons. The first key issue is how this was framed. It came from the chief corporate officer and the chief financial officer in the university, who presented this proposal as executive sponsors. They presented it through the process to the executive committee on 16 March at an early stage of the proposal. On 21 March it went to the subcommittee of the governing authority, again at a relatively early stage of the proposal. Ultimately, it came to the executive committee on 29 July where it was approved and then to the governing authority.
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