Prof Kerstin Mey: University of Limerick has postgraduate degree programmes in accounting and finance. The disastrous property deal in 2022 she oversaw stands as a case study in financial mismanagement. Photograph: Sean Curtin/True Media
Asked whether Prof Mey would receive any severance or compensation payment for the loss of the highest office in the university, UL had no comment. It is understood, however, that no such payment will be made. Still, UL will be counting the cost for some time to come of a bungled student housing transaction scheme in which it overpaid €5.2 million for 20 student homes. The houses at Rhebogue, some 3km from UL, cost more than €11 million.
She had been at UL since 2018, when she became vice-president for academic affairs and student engagement and professor of visual culture. She became interim president in 2020. When the Dunnes site deal was done five years ago she was already in UL’s upper echelon. What is more, problems with the Dunnes purchase had already surfaced when the Rhebogue contract was signed in August 2022.
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