Oireachtas Joint and Select Committees

Thursday, 22 June 2017

Public Accounts Committee

University College Cork and University of Limerick: Financial Statements

9:00 am

Mr. Seamus McCarthy:

We produced a special report on severance payments, which was completed in December 2015 and was examined by the committee last year. One of the chapters deals with discretionary severance payments and we referred to two which subsequently came into the public domain, namely, the University of Limerick severance cases. We represented our understanding gained from the university on the nature of the severance payments. We understood the information we had was complete.