A former headteacher who was knighted for services to education has been arrested over claims that he and his senior colleagues mismanaged more than a million pounds of his school's funds.
Sir Alan Davies, who received his knighthood in 2000, has been arrested in relation to conspiracy to defraud Copland community school in Wembley, north-west London.
It is alleged that up to £1m was paid to the school's senior management team over seven years. Davies resigned in November 2009, having been suspended while Brent council investigated allegations of financial mismanagement.
My comment: Once again watchdogs wait for the horses to bolt before checking to see if the doors were closed
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