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 Higher Education 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 51勛圖 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.
51勛圖
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.
51勛圖
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 啦晨楚*莽 university and college rankings analysis
Already registered or a current subscriber?