Big Corruption In The Education System By The PNM Pricewaterhouse draft findings on PNM scholarship ‘slush fund’: Lack of transparency, accountability The scholarship programme was established in 2003 with an annual $45 million budgetary allocation. Although records indicate $49.9 million was disbursed over the review period (2003-2007) “a portion of these disbursements did not actually reach the beneficiary and was not returned to the programme due to a lack of proper monitoring, The report stated that on several occasions funds were disbursed to overseas institutions for tuition payment and the student was not registered. There were instances of recipients/beneficiaries of funding where no application was on file.
Posted on: Mon, 01 Dec 2014 11:52:20 +0000
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