University of Aberdeen ordered to repay £119,000 grant over principal pay-off

BBC is reporting that the University of Aberdeen has been told to repay £119,000 of grant money from the Scottish Funding Council over a pay-off to its former principal.

Prof Sir Ian Diamond announced his plans to retire in 2017.

The SFC said: “We decided to review the payment made to the former principal of the University of Aberdeen because the financial statements did not appear to accord with our understanding of the principal’s retirement and we were not satisfied with the university’s response to our initial enquiries.

University of Aberdeen senior governor Esther Roberton said: “The university has co-operated fully with this review, welcomes publication of the report, accepts its main findings and has already repaid the £119,000 to the Scottish Funding Council.”

Read full article here University of Aberdeen ordered to repay £119,000 grant over principal pay-off

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