University funding chiefs have called on governors at London Metropolitan University to “consider their position” after a review said they must take overall responsibility for the fact that the institution overclaimed millions of pounds in public funding.
In a letter sent to the university’s chairman of governors on Friday, the 成人VR视频 Funding Council for England asked members of the governing body and senior staff to rethink their positions in light of the review’s findings.
As 成人VR视频 revealed on Friday, the review by Sir David Melville, the former vice-chancellor of the University of Kent, concluded that the university’s board of governors and audit committee were accountable for the financial failure even though they had not been kept fully informed of the scale of the problems.
As a result of submitting inaccurate data about student dropouts to the funding council, the university has been forced to hand back ?36.5 million overpaid to it by Hefce between 2005-06 and 2007-08.
成人VR视频
London Met’s recurrent grant has also been reduced by ?15 million, leaving it facing financial difficulties and putting hundreds of jobs at risk.
Sir David’s report said that Brian Roper, the former vice-chancellor of London Met, presided over a dictatorial management regime and must take “the major responsibility and culpability” for the catastrophe.
成人VR视频
In a statement last week, London Met said Sir David’s report is coupled with an independent review carried out by Deloitte into the circumstances of Hefce’s clawback of funds.
The reports were presented to the board of governors on 18 November and are due to be published this week.
Register to continue
Why register?
- Registration is free and only takes a moment
- Once registered, you can read 3 articles a month
- Sign up for our newsletter
Subscribe
Or subscribe for unlimited access to:
- Unlimited access to news, views, insights & reviews
- Digital editions
- Digital access to 罢贬贰’蝉 university and college rankings analysis
Already registered or a current subscriber? Login