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Head - severance pay.

Head - severance pay.

The former head of a controversial academy is being paid an £850,000 severance package out of proceeds from a private leisure centre run on the school grounds, MPs have heard.

Details of the payment to Sir Greg Martin, the former head of the Durand Academy in Stockwell, south London, emerged on Monday during a hearing of the Commons public accounts committee, which is investigating academy accounts and performance.

It is the latest development in a long-running saga involving Martin, who was knighted for services to education and was once a favourite of Tory ministers, before falling out of favour as concerns grew about financial management and governance at the school.

Durand Academy has since been transferred to a new sponsor and has been renamed the Van Gogh primary school, but the Durand Education Trust (DET) retained ownership of the private leisure centre developed on the site, as well as two accommodation blocks, which originally generated additional income for the school.

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