Tuesday 18 February 2014

Police investigate lost £162,000 at academy school

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academies show fat cats-sliderSnouts in the Trough?

Police are investigating allegations of serious financial mismanagement at one of the Government’s academy schools, fuelling demands for stricter controls over their financing, The Independent has learnt.

Officials from the Education Funding Agency, which oversees the funding of free schools and academies, are seeking to recover at least £162,000 claimed to have been misspent by Glendene Arts Academy, a specialist visual arts academy for pupils with special needs in Easington Colliery, Co Durham.

A Department for Education (DfE) investigation report followed an inspection by auditors last year, prompted by whistle-blower claims over the use of academy resources to pay the salaries of employees as well as the running costs of a private company. The report, which was dated November 2013, was published only last Friday.

see full report

http://www.independent.co.uk/news/education/education-news/revealed-police-investigate-lost-162000-at-academy-school-9134753.html

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