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Wales Online
Wales Online
National
Sion Barry

Equity stakes for sacked Swansea University academics in wellness village project shared with potential investors

A series of presentations showing proposed equity stakes for two academics sacked by Swansea University for gross misconduct in the £200m Life Sciences and Wellness Village project were widely circulated to potential private sector investors, an employment tribunal has heard.

Former dean of the university’s school of management, Prof Clement and colleague Steven Poole, were dismissed in 2019 for gross misconduct following a lengthy internal disciplinary process for not disclosing, as required under the ordinances of the university, proposed equity stakes in wellness village related firms. They deny any wrongdoing.

They both subsequently lost their appeals. While not connected to the wellness village project ownership structure or equity, former vice-chancellor of the university Prof Richard Davies, was also sacked for gross misconduct. He is not involved in the case for unfair dismissal brought by Prof Clement and Mr Poole, in which they are representing themselves.

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