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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.

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.

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.

Education agency officials denied a graft allegation in the distribution of funds from the central government and the city administration under the School Operational Aids and Education Operational Aids schemes.

Nepal's Education Minister has been removed from his post amid allegations of corruption. The bribery allegations against the Minister led to international donors suspending millions of dollars in funding for schools. He denies accepting bribes from more than 1,000 teachers to secure them jobs in the schools of their choice.

International donors in Nepal on Monday suspended millions of dollars in funding. The move follows reports that the Education Minister is being investigated by a parliamentary committee over undisclosed financial irregularities. He denies any wrongdoing.