Re: Re: Developments in Cork

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The Sunday Independent reports on the Debt Crisis in UCC.
THE PUBLIC Accounts Committee (PAC) is to ask severe questions of the Department of Education over issues in respect of the construction of an IT building at University College Cork (UCC) when the committee meets next Thursday.
The news comes as the Sunday Independent has learned that UCC has begun construction on a €65m IT building without full and final approval from the department or the Higher Education Authority (HEA). As a result, the college, which is in substantial debt, risks losing its capital funding. This would force it to assume the significant construction costs.
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