University Mayor de San Andrés announces more transparency in accounts.

The president of New Zealand's largest postsecondary institution defended it last month against politicians who have accused it of widespread corruption. It is also suggested that the university is home to nepotism and fraudulent accounting.

All universities in Vietnam must publish their financial accounts and information about educational standards on their websites by 15 April, the Deputy Prime Minister and Minister of Education and Training told a conference in Hanoi this month.

In a bid to encourage transparency and stamp out corruption and fraud in universities, India's education ministry is preparing guidelines that will for the first time force private higher education institutions to make their accounts public.

Private and public universities in South Korea have engaged in creative accounting practices resulting in excessive hikes in tuition fees, the state audit agency said. Wrapping up an investigation into 35 randomly chosen universities, including nine public institutions, the Board of Audit and Inspection said the institutions had habitually manipulated their accounting books over the past five years to justify steep rises in tuition expenses.

European Commission officials are expected to hold talks with government representatives in Bulgaria over the alleged mismanagement of funds in the operational programme Science and Education for Smart Growth in the European Union budget. Bulgaria has received funding for 116 agreements totalling BGN324 million (€165 million or US$174 million), and of these, eight projects have reportedly been found to be mismanaged, with a total budget of BGN180 million (€92 million or US$97 million).

A secret report by Ernst & Young into credit card use at Murdoch University has revealed its four most senior academics racked up almost AU$1 million (US$753,000) in expenses in two years. Murdoch refused to release the document until The Australian won an appeal to the West Australian Information Commissioner, arguing that the report was in the public interest as it involved the use of taxpayers’ funds. The revelations come after Western Australia’s Corruption and Crime Commission last year described Murdoch’s financial controls over corporate credit cards as “lax” and found that the parameters of card usage were “extremely broad”.

The Federal Government says it will immediately begin to investigate universities operating multiple accounts in violation of the Treasury Single Account policy of the government in order to checkmate corrupt practices in the nation’s universities, adding that concrete efforts would be made to protect whistleblowers in the country as part of the ongoing anti- corruption crusade. The government also said it intends to find an alternative means of sourcing funds for the revitalisation of infrastructure in the universities.

The former chairperson of the University Academic Staff Union (UASU) said that the government seems reluctant to fight corruption in public universities in Kenya which suffer different forms of corruption. For a long time, the Government did not take a keen interest in auditing universities until recently and most universities did not keep proper records of their revenues and expenditure. He added that the lack of accountability among vice-chancellors provided an environment for corruption to take root.

A 2019 report showed that $6.5 billion in foreign gifts to U.S. institutions were not reported. To hold colleges and universities accountable and ensure that their reporting is full, accurate, and transparent, the Department of Education enforces Section 117 of the Higher Education, which requires colleges to report all gifts and contracts involving foreign sources worth $250,000 or more.