The information is as follows:
(a) (i) I understand that KPMG was made aware of the key elements of the BDO report during their investigation of HEFCE's handling of the London Metropolitan case.
(ii) HEFCE commissioned and saw the report in full.
(iii) HEFCE sent a redacted version of the report to me and one of my officials on 24 July 2009, 24 hours ahead of its first release in response to a request under freedom of information legislation. It has not been shared more widely within my Department.
(b) In general, funding is repaid by institutions to HEFCE by HEFCE withholding funds from its grant payments to them. HEFCE has agreed a repayment profile with London Metropolitan for the sum of £36.5 million running from July 2009 to July 2014. So far, £682,892 has been withheld by HEFCE from London metropolitan’s grant payments.
(c) I and my officials were made aware of the restraints to the publication of the BDO report and the reasons for the redactions to the KPMG report.