The spate of financial scandals that are rocking Chile have stirred a wholesome debate in the country on the importance of ethics in the teaching of economics. The Pontifical Catholic University of Chile’s economics and administration faculty has been under the spotlight since three of its former students, previously hailed as 'star students', were prosecuted and jailed for a week pending trial for tax fraud and other financial crimes

A Sydney businessman accused of ripping off foreign students is continuing to run his operation despite facing 22 charges of fraud and misconduct. According to a former employee, the company, posing as the client, sets up fake email accounts to try and obtain visas, in direct infringement of The Migration Act.

Many instances were witnessed across the country, where parents arrived at schools to return free uniform material vouchers which were invalid. There were also instances where parents complained of the insufficient value attached to these vouchers, and where parents were unable to purchase quality material for a specified price. Against this backdrop, several teachers and principals’ associations staged a joint media briefing in Colombo, highlighting the fact that teachers, students and parents, have been inconvenienced by the new voucher system.