By Danyal Hussain For Mailonline
Published: 19:41 BST, 23 August 2019 | Updated: 19:46 BST, 23 August 2019
Glasgow University has announced it will pay £20 million in reparations for its part in the slave trade.
It is believed to be the first institution in the UK to pledge money to atone for its links to the transatlantic slave trade.
The 'programme of restorative justice' will be managed in partnership with the University of the West Indies and the target money will be spent over the next 20 years on establishing the Glasgow-Caribbean Centre for Development Research.
The centre, to be co-located in Glasgow and the Caribbean, will 'stimulate public awareness about the history of slavery', the university said.
Glasgow University is believed to be the first institution in the UK to pledge money to atone for its links to the transatlantic slave trade
A recent report commissioned by the university found that it played a leading role in the abolitionist movement in the 18th and 19th centuries.
But it also found that the institution received 'significant financial support' from people who profited from slavery in the 18th and 19th centuries.
It found that it had received between £16.7m and £198m in today's money.
One former university rector was Robert Cunninghame Graham, who spent two decades making his fortune as a slaver.
Though other UK universities, such as Bristol and Oxford, have had their links to