LSE head quits over Gaddafi scandal

[CHIMO]

A deepening row over the London School of Economics and its dealings with the Gaddafi regime has claimed the career of the university's director.

Sir Howard Davies resigned over fresh revelations that the institution had been involved in a deal to train hundreds of young Libyans to become part of the country's future elite.

He said: "The short point is that I am responsible for the School's reputation, and that has suffered", adding he had advised that it was reasonable to accept money from Libya and that "that has turned out to be a mistake".

The LSE said in a statement it had accepted Davies' resignation with great regret and that it had set up an independent external inquiry into the school's relationship with Libya and one of Muammar Gaddafi's sons, Saif al-Islam, to be conducted by the former lord chief justice Lord Woolf.

http://www.guardian.co.uk/education/2011/mar/03/lse-director-resigns-gaddafi-scandal