Re: Malek Fahd:Has until April before its funding runs out and students are forced to
Unfortunately, this kind of thing is quite common, organisations dont take governance seriously and end up in situations like this one. Whenever you deal with government money and operate in a highly regulated environment (education is the third most heavily regulated industry in Australia), you need first rate corporate governance systems. Unfortunately, many organisations and more specifically the people that run them fail to recognise this or ignore it due to resource constraints. The government takes this stuff very seriously and Malek Fahd is finding out the hard way.