… is reportedly going to publish “a new and comprehensive ethics code” in June. In a submission of May 11, Christopher Hughes, an LSE professor, warned that the school must avoid retreating on its commitment to reform its ethical approach. The LSE’s acceptance of about £400,000 from the Communist regime showed it had failed to learn from the scandal after it accepted a pledge of £1.5m from Saif al-Islam Gadaffi, son of the late Libyan dictator. Gaddafi jr’s pledge had led to former LSE director Howard Davies‘ resignation.
At the time however, the Gaddafi clan had become an increasingly unlikely source for future funding.