The government audit body has raised serious concerns regarding the University of Limerick's decision to spend €12.65m on 20 homes, calling it a significant overspend of €5.2m. This has prompted questions about both the financial prudence and the transparency of the acquisition process, leading to a push for a more thorough review.
Critics of the transaction have also highlighted the manner in which Andrew Flaherty, who oversaw the property deal, was promoted to chief corporate officer. There are allegations that this promotion did not undergo the standard competitive evaluation process, raising fears of favoritism and lack of accountability within the university's administration.
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