Oireachtas Joint and Select Committees
Thursday, 9 May 2024
Public Accounts Committee
Financial Statements 2022: University of Limerick
9:00 am
Brian Stanley (Laois-Offaly, Sinn Fein)
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Anything built in the past few years is A-rated.
I have a question for the Higher Education Authority. The information supplied states that, on 30 July 2022, the governing authority approved a new policy for the acquisition of property, buildings, land and infrastructure. Following that meeting, a status update was provided to the HEA. At the same meeting, the governing authority was briefed about “one short-term solution that would yield up to 80 beds”. The information supplied goes on to say that this was successful. It then states that on the faith of the assurance given to the HEA by the university, because the HEA was withholding the money, it was confirmed to the university on 20 July 2022 that the pause that had been placed on the drawdown of approved capital funding of €3.7 million would be lifted. The campus community were notified by the president of this occurrence on the same day.
I ask Dr. Wall, given what went on with Dunnes Stores, whether that was done on the basis of a verbal assurance.