Oireachtas Joint and Select Committees

Thursday, 9 May 2024

Public Accounts Committee

Financial Statements 2022: University of Limerick

9:00 am

Photo of Alan KellyAlan Kelly (Tipperary, Labour) | Oireachtas source

To be honest, the O'Donoghue report reads like a script for a miniseries. I am not kidding. It is like a script for a miniseries on Netflix because there is so much in it, and it comes from way out of left field as well. I live very close to UL, even though I am from Tipperary, although some of the Limerick TDs probably live closer. I have been in and out of the Committee of Public Accounts since 2016. The concern here is that lessons have not been learnt. I will come back to Dr. Wall with a question because I am a bit concerned about what I have heard.

We are talking about a scenario whereby there were no checks and balances in place in regard to the original proposal, the valuation, the final purchase price, stamp duty, planning and an agreement to pay rent. I have bought two houses in my life. There was a checklist involved. This is the University of Limerick. It is incredible.

Here is the first question. The chief corporate officer's title keeps coming up. Why is he not here?

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