The Korea Herald

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Seoul education office to audit Dulwich

By Korea Herald

Published : March 14, 2016 - 14:19

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Seoul education office to audit Dulwich

Seoul City will audit an international school facing allegations of accounting fraud, the authorities announced Monday.
“We will begin an audit of the Seoul branch of British international school Dulwich College (from Tuesday) on its enrollment criteria as well as finances,” the Seoul Metropolitan Office of Education said in a press statement.
“If we uncover anything illegal or unfair, administrative measures will be taken based on relevant laws. If the embezzlement suspicions are proven to be true, we plan to report it to the judicial authorities.”
Three board members of the school were indicted earlier this month over allegations that they embezzled 7.5 billion won ($6.3 million) in school expenses in violation of the private school act.
The education office has been limiting its control by reviewing the enrollment process up until now. Earlier this month, it ordered the closure of another international school in Yongsan for illegally transferring the management rights without due permit.
The office said the audit is part of its efforts to ensure transparency in the operations of international schools in Seoul.
Dulwich College Seoul opened in September 2010 for primary and secondary students. The annual tuition fee is said to be over 30 million won.
(khnews@heraldcorp.com)