Oireachtas Joint and Select Committees
Thursday, 9 May 2024
Public Accounts Committee
Financial Statements 2022: University of Limerick
9:00 am
Professor Shane Kilcommins:
That expert group on finance had looked at it but, unfortunately, it looked at it at a very preliminary stage, when all of the information was not available to it, particularly the planning reports and so on, and it did not go back to them as it should have and as was minuted in respect of that meeting. Therefore, it moved forward in the absence of that expertise but it also moved forward in the absence of provision of the expertise that had been gathered internally by our team in building and estates and in finance, and also the external expertise that was providing information in respect of the transaction.