Mystery surrounds an anonymous donation made to fund a new north London academy. City University will use the reported pound;1million as its contribution to an academy on the site of Islington Green School, which it is co-sponsoring with the City of London Corporation. Critics have expressed fears that anonymous donors contributing large amounts to Government projects may be able to buy influence.
The funding agreement for the new City of London Academy Islington in north London is expected to be signed soon by Jim Knight, the schools minister.
Details of the donor's request to remain anonymous only emerged because of a Freedom of Information Act enquiry by Ken Muller, a local teacher.
Islington Green's interim headteacher, Chris Walford, said he did not see a problem with a university using anonymously donated money to back an academy.
He said: "It is not unusual for universities to do this, and there are understandable reasons for a donor not to want their name revealed."