Tuesday, July 15, 2003
BBC NEWS | Head 'spent £7,000 on shoes'
The article reports the conviction of a Headmistress (Principal) for embezzling over $800,000.
The fraud was made possible when the school 'opted out' of local authority control. According to the governing ideology 'opting out' would allow schools to be more efficient. As this example shows the result was rather different, there was no effective oversight of the opted out schools.
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