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Ensure your trust avoids the whiff of financial impropriety

Trusts must not only be squeaky clean, they must be perceived as squeaky clean, too, says Matthew Wolton

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It goes without saying that the misuse of public funds is wrong. And if any member or a director of an academy trust, or a connected company or family member, has made a profit out of that trust, it should be dealt with as robustly as possible – and, at the very least, the money repaid to the trust.

But is this problem endemic in the academies sector? Almost all of the trusts I work with are schools-based MATs, meaning they were formed by the governing bodies of local authority schools coming together and forming a trust. No controlling individual or organisation is behind the trust. There are ...

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