University of Limerick penalised for second time as €2m funding withheld

Funds withheld now total €3.7m as UL faces questions from the Oireachtas public accounts committee over governance issues

The details of UL's acquisition of the former Dunnes Stores on Sarsfield St in the city centre is likely to top the agenda at this week's PAC meeting. File picture: Brendan Gleeson

The University of Limerick has been penalised by the Department of Higher Education for a second time, with a further €2m in State funding withheld from the institution.

Last December the Irish Examiner revealed that €1.7m, or 69% of UL’s capital budget, had been withheld over concerns about the university’s financial governance.