university challengedOutspoken against the merger, and against many things
the ICAEW has done over the past ten years or more, Jeff Wooller this week faces
the critics himself.
The vocal critic of the Institute and the founder of the anti-merger Ginger
Group stands accused of heading a bogus university handing out worthless
Wooller is the honorary chancellor of the Irish International University, an
institution that a BBC London investigation alleges is bogus, luring
international students to the UK to do so-called degrees unaccredited by the
relevant bodies. Even Wooller himself admitted on camera that it was ‘dodgy’.
Wooller, who goes by the moniker ‘Baron Knowth’ on the university’s website,
told Accountancy Age that he had flagged up issues with the university’s
governance over a period of several years and had threatened to resign unless it
made a number of changes.
He wanted the university to stop referring to a non-existent campus in Dublin
and refrain from saying it was accredited by an external body called the Quality
Assurance Commission, which was owned by the university’s boss.
what will happen…
Wooller has shown no signs of quitting the university following the exposé,
in fact quite the opposite. He said that the university has made the changes
required for him to remain in his role.
The Irish authorities have tried to stop the IIU using the term university in
Wooller, who is based in Monaco, has had plenty of run-ins with his
institute, the ICAEW. He has criticised its various merger drives,
constitutional issues and concerns over its exams. He has also been reprimanded
by the ICAEW in the past. He was fined £1,000 in 1995 after being convicted in a
magistrate’s court of breaching rules about offering unrecognised degrees.
The institute has already faced calls through comments on our website and in
this week’s letters page for his behaviour to be investigated again.
The Jeff Wooller College, which has no ties to its former owner and provides
qualifications towards ACCA and CIMA, is also looking at a re-brand following
the press Wooller has received, its principal told Accountancy Age.
Wooller and his colleagues have been successful in warding off mergers of the
institutes for many years. Wooller will be hoping he can be similarly successful
in fighting off the allegations surrounding him now.
Suggestion R3 has 'rolled over' in face of government pressure is false, incoming president Andrew Tate tells Accountancy Age
The proposed deal is still “subject to the execution of a definitive agreement with board and membership approval”
The deal will provide financing across a range of cases, including defence and declaratory matters
The fast-track move is a bold departure from the norm, as a probe would normally only begin several months after administrators had finished their own enquiries