€1.7m funding withheld from University of Limerick over governance concerns
Funding has been withheld by the Department of Higher Education on foot of a series of scandals at the university, the most recent being allegations it had paid twice the market value in acquiring the old Dunnes Stores site in Limerick city centre for €8m in 2019. Picture: Brendan Gleeson
The University of Limerick has had €1.7m in funding, 69% of its capital budget, withheld over concerns about its financial governance.
The university’s overall capital funding from the Department of Higher Education should have been €2,447,809 for the academic year 2021/22.
