By Graeme Paton6:45AM GMT 02 Mar 2011 The London School of Economics (LSE) confirmed plans last night to set aside the sum, equivalent to the cash it had received from the family of Col Gaddafi, to establish a scholarship fund.
Officials hope the move will draw a line under criticism of the universityâs Libyan ties.
It came as an MP called on the Government to strengthen its scrutiny of donations made to education institutions.
Robert Halfon, Conservative MP for Harlow, said various universities had accepted âmillions of pounds
from Middle Eastern dictatorshipsâ and that greater financial safeguards were needed Distributed by Tubemogul.