MPs call into question the ability of government agency to tackle financial conflicts of interest in academies and free schools

Extract from www.parliament.uk

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In a new report, the Public Accounts Select Committee questions the role of the Education Funding Agency with regard to school funding. The Chair of the Committee said: “[The Agency] needs to do more to address potential conflicts of interest in academies. We were concerned that individuals with connections to both academy trusts and private companies may have benefited from their position when providing trusts with goods and services. The Agency has reviewed 12 such cases but it is likely that many more exist and have gone unchallenged”.

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