The topic of governance is much discussed in the higher education literature. Corruption is less discussed, and mostly in general and cautionary terms. Yet there are important relations between the two. The current article critically examines the literature on governance in higher education and underlines the relationship to forms of corruption in the field. While much literature on corruption in education outlines regulatory practices, or Codes of Practice to limit its reach, the current analysis both reviews types of corruption in higher education, and illustrates them with actual examples from several systems of higher education in East and South East Asia. While corrupt practices in higher education are by no means unique to the region, (indeed examples can be found worldwide, in virtually every system), most rank poorly on conventional measures of transparency. The article advances our understanding of the complex and dynamic relationship between corruption and governance in higher education, in what is arguably the most dynamic world region.