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The Education, Sport, Arts and Culture Minister has been accused of hijacking the Education Transition Fund (ETF) where he allegedly set up parallel structures in a bid to divert money to finance his cash-strapped MDC party's activities.

In a case that has rocked the academic community in Taiwan and put many scientific research projects in jeopardy, 22 professors at some of the country's top universities – including the prestigious National Taiwan University – have been charged with using false receipts to claim reimbursements out of research funds.

The Nigerian Minister of State for Education has discharged bribery allegations of 40 per cent (N6.8bn) kick-back from 4th quarter allocation of 104 Unity Colleges from principals of schools. The Minister claimed that the report was baseless and false.

The financial management of the elite Institute of Political Studies in Paris has been strongly criticized in an official report that found evidence of exorbitant bonuses, absence of controls and waste of public funds. The report revealed a chaotic management that consisted more of "little deals between friends than a serious administration of public funds".

Investigations into alleged misuse of Dutch government funds at Uganda's main university are deepening. The vice chancellor of Kampala's Makerere University is being questioned about 810,000 euros reported missing. And it's not the first time the top academic administrator is quizzed about where money has gone.