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carried out an investigation into concerns about potential financial irregularities in the Trust. The report found that "The financial management of the
Federation has not been of a standard necessary for an organisation of its current size. Regularity and transparency in the use of public funds has
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The trust was formed in 2008 with the stated aims of "raising educational standards and improving the life chances of students in the
Lincolnshire area." The Federation is run by, and is accountable to, a board of trustees including the headteachers of all the schools, a Chairman and other
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individuals from relevant local and national organizations. The federation currently provides education for over 7000 students and employs over 1000 staff.
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470:. London. 28 April 2012. p. 2.
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