Review of college and university finances 'may be needed': PAC report

A review of college and university finances may be needed due to a lack of transparency in accounts, alleged commercial conflicts of interest, and concerns over where vital funds end up, writes Fiachra Ó Cionnaith.

The Dáil Public Accounts Committee will make the claim in a report to be published today, which will call on colleges to publish audited accounts within six months of a year ending and release details of linked private foundation funds.