Oireachtas Joint and Select Committees

Thursday, 9 May 2024

Public Accounts Committee

Financial Statements 2022: University of Limerick

9:00 am

Professor Shane Kilcommins:

What I can suggest to the Deputy is the contrast with Dunnes Stores. Both transactions, as we mentioned at the outset, were poor transactions from the University of Limerick perspective, but the second transaction, the Rhebogue transaction, was almost presented in a different light, as if it was actually following the controls and the policy that was now in place. It was presented in a very different manner. In many respects, that transaction is worse than the Dunnes Stores transaction.

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