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Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: There is no evidence.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: Am I correct in saying that a former person who held a consultancy role for the university told the university that this was the price, and that person negotiated solely with Dunnes Stores. I ask Professor Mey to confirm whether that is the situation. I am seeking a "Yes" or "No" answer. That person who was a consultant working on behalf of the university did the fixing on this and went to...

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: I am asking Professor Mey a question. The person who worked as a former consultant for the university was the person who was doing the business with Dunnes Stores and came back to the university with that price; is that correct? Professor Mey was on the executive of the university while this was happening; is that right?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: Professor Mey was on the executive. Thank you. What is the approximate full cost of developing the site to bring it to what the university wants it to be? Is it in the region of €20 million or €200 million?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: How much does the university have to spend on the master plan?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: How much is the university hoping to spend on it? If I was going to build a house, I would have a price range in terms of what I was going to spend and what I could spend. I ask Professor Mey to provide a range. Are we talking about a figure between €10 million and €50 million or between €50 million and €150 million?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: I know that.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: So is it €50 million to €150 million?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: Okay. I ask Mr. Butler how much has been spent on the site to date.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: I asked the question of Mr. Butler. He is the finance officer.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: That is on top of the purchase price.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: Can Mr. Butler answer my question in respect of the price range in terms of the cost of fully repurposing this building and the site? Is there a range of costs? I do not expect Mr. Butler to give the cost. He could not do so.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: For this site, are we looking at €50 million to €150 million?

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: Mr. Butler must have some notion of what the range will be.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: It could be up to that amount.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: Ms Harney is chancellor of the university and chairperson of the governing body. She stated that nobody expressed concerns in respect of the valuation of the site. I am puzzled about this. A verbal assurance was given but no documentation was presented, yet no one asked was there a second valuation or evidence of a second or third valuation. I have sat on boards that handle far smaller...

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: Sorry, Ms Harney-----

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: I have borne that in mind all morning.

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: I do not meant this in a personal way-----

Public Accounts Committee: 2020 Report of the Comptroller and Auditor General and Appropriation Accounts
University of Limerick Financial Report 2020
(12 May 2022)

Brian Stanley: -----but Ms Harney was Minister for Health and Children. I am not questioning her role. Obviously, like Deputy Sherlock, I disagree with her ideologically, but I am not questioning her integrity. However, the very people who were involved in the purchase of a house in Dublin that was not needed by the university - a purchase from which the university subsequently pulled back and looked...

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