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Universities and business schools are grappling with the ethics curricula they teach to professionals and future professionals. This follows damning revelations of state capture involving accountants, auditors and consultants at major international companies. The dean of the Faculty of Commerce, Law and Management at the University of the Witwatersrand, said every crisis offers an opportunity. “There is a lot of debate within the senior executive team… we are working with two [international] economists, to develop context in the economics curriculum, it brings to the fore issues of power… so students think about economic systems with a historical perspective”.

Zimbabwe’s Higher and Tertiary Education, Science and Technology Development Minister has lost his Constitutional Court bid to overturn his arrest on charges of allegedly misappropriating around US$450,000 from a manpower development fund that finances students, among other activities. The minister is facing the allegations alongside the Deputy Minister and the Finance Director of Zimbabwe Manpower Development Fund (ZIMDEF). ZIMDEF was established through an act of parliament to fund human capital development.

Tanzania’s flagship University of Dar es Salaam is under investigation by the parliamentary Public Accounts Committee for the mismanagement of university funds. An audit report for the 2014-15 and 2015-16 fiscal years presented to the parliamentary committee earlier this month shows that approximately US$0.5 million was lost on unretired imprest from workers and US$0.2 million on salaries to ghost workers at the university. The committee chairperson suggested that poor financial management at the university was behind the losses.

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.

In Mexico, the embezzlement of over 8 billion pesos has been uncovered. This case involves collusion between federal agencies and public universities. This corruption case was documented thanks to an NGO report. The video highlights the lack of media attention and the resulting lack of citizen awareness on the matter.

The video details a corruption case in Mexican universities that has been investigated by a local NGO in Mexico. The case reveals a embezzlement schemes operated by the federal government in collaboration with the public universities, Resources are diverted to illegal front companies, resulting in a fraud amounting to 7 million pesos. 

University officials have been accused of misleading an Oireachtas committee over the way they run their financial affairs. Senior officials from colleges including University of Limerick, DIT and University College Cork appeared before the Dáil’s Public Accounts Committee on Thursday to answer allegations over unauthorised severance packages, conflicts of interest and poor corporate governance. In one episode, officials at the university of Limerik paid severance packages to two staff due to ‘employment relationships breaking down’, but then went on to re-employ both individuals as consultants.

Immediately after the President was elected, borrower advocates and lawmakers expressed concern about what would happen to the current regulations aimed at holding for-profit colleges accountable. On Tuesday, their concerns were validated. The Education Department announced that it would delay and renegotiate two of the previous administration’s signature regulations: the first aims to penalize programs whose graduates’ loan payments exceed a set percentage of their earnings, while the second simplifies the process for borrowers who say they have been defrauded by their colleges.

As the University of KwaZulu-Natal medical school’s places for sale saga develops, more information has emerged regarding the alleged syndicate’s national links to other universities. The Sefako Makgatho Health Sciences University (SMU) said this week that they were following up on the observations from the UKZN investigation, implicating certain individuals associated with SMU. SMU’s investigation follows the arrests in Durban of three individuals alleged to have been selling places to study medicine and other health science courses at UKZ for a fee of up to R500 000.