THE University of the West Indies’ (UWI) Cave Hill Campus will not be given a passing grade by auditors if Government does not pay at least half of the money it owes.
Independent Senator Velma Newton stated this in the Senate yesterday during debate on a resolution to approve the guarantee of a loan of $41 million to the campus from the National Insurance Scheme (NIS).
Newton, who is Dean of the campus’ Law Faculty, told the Upper Chamber that the entire university system was at risk.
“Madam President, we have reached the sorry state that for the first time in its history, the University of the West Indies as a whole is facing the possibility of being given a qualified report, if the Government of Barbados does not reduce its indebtedness to the Cave Hill Campus by at least half.
