Principal gets three years detainment for stealing grant reserves

A secondary school key in Oulu, northern Finland, was sentenced to three years detainment on Thursday for stealing 473,043 dollars (445,000 Euros) grant finances over a ten-year time frame, Finnish Daily Helsingin Sanomat revealed.

The Oulu District Court discovered 54-year old Juha Martti Valtakorpi liable of misappropriation and manhandle of authority position.

Notwithstanding his correctional facility term, the court additionally requested Valtakorpi to leave from his occupation.

The wrongdoing occurred in the vicinity of 2004 and 2014, amid which time the respondent made money withdrawals and exchanges from the records of grant assets possessed by the city of Oulu.

He took nearly 150,000 Euros for his own utilisation.

He likewise exchanged cash to a few instructors in the school and utilised 12,500 Euros of the assets to buy a great piano and a golf share for the school.

The court discovered Valtakorpi liable of misappropriation of open assets and desolation of obligation, as the assets were just to be utilised as grants for previous and current secondary school understudies.