Mystery surrounds philanthropist who donated €5m

THE identity of an Irish philanthropist who has donated €5 million to the University of Limerick for the development of its College of Business remained a closely guarded secret last night.

However, there was speculation yesterday that millionaire businessman JP McManus made the donation.

“This is a wonderful gift and very generous benefaction,” said UL president, Professor Roger Downer. “The gift reflects not only vision and foresight, but also great trust and confident in our capacity to further develop our College of Business to the highest international standards.”