Update on university investigation

IT HAS been revealed today that major Accounting firm Deloitte and a legal team from London-based international legal firm Eversheds are now working with the university on the inquiry that was launched following an internal review of the University initiated by the new Vice-Chancellor, April McMahon.

Students and staff were made aware of the investigation in an email circulated by Pro Vice-Chancellor Rebecca Davies on the 3rd of October. “I write to inform you that the University has announced today that investigations are underway into a number of commercial and/or operational activities that have been brought to light as a result of an internal University estates review initiated by the new Vice Chancellor.
Members of the University staff are currently cooperating with the investigations and it is likely that whilst the investigations are on-going, much of their time will be taken up with this activity.”

As the investigation is currently ongoing, details are restricted, but the Cambrian News suggests “that the investigation involves trying to account for around £1.5 million and it is thought that a number of senior managers have been suspended or have taken “gardening leave” while the probe takes place.” It is also believed that the Institute of Biological, Environmental and Rural Sciences (IBERS), situated near Penrhyncoch and which is part of the university, may be an integral part of the investigation, while the Courier has heard that the Estates department may be involved.