Dodgy academy chain loses cash
Durand Trust stripped of public funding after probe
by Sofia Lotto Persio
A SOUTH London academy chain had its funding axed yesterday due to concerns over the use of public money and governance.
Following an investigation into the murky and complex financial relations the Durand Academy Trust (DAT) holds with the Durand Education Trust (DET) and the companies to which it outsourced the school’s leisure services, the Education Funding Agency (EFA) decided to end its funding agreement with the academy.
The EFA had given the trust the chance to reform its governance structure, setting out... read more
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