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Old 2nd Oct 2010, 15:32
  #3093 (permalink)  
andrewmcharlton
 
Join Date: Oct 2005
Location: Newcastle
Age: 54
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Well at the risk of ranting ridiculously.....

The Educational Legacy is effectively on hold;

C Walton Limited now have a second charge over the aircraft to secure their debt;

Questions that aren't answered or clear:

How does the cost of exhibiting and displaying rise from £121k to £664k?

How is the subsidiary allowed to make a loss of £195k?

Who charged them £63k for "consultancy costs"?

How can salaries rise from £329k to £747k in a year?

Another £23k in undisclosed "consultancy fees" for what?

No doubt some will consider it unreasonable of me (and others btw) to want answers and clarity, but whilst the CEO earns £72k a year and so many unanswered questions I think I'm entitled to ask. This should not be confused with any desire to see the project grounded, on the contrary. Wuith clear reporting, engagement with donors and some commercial reality to the leadership the project could flourish instead of flounder. How a CEO can make public statements about it "lasting another couple of years" whilst their plan says it has many more is beyond me.
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