Enterprise Ireland and pilot training college The PAC

**Troubleshooter** · 06-07-2012, 06:29 AM

I did warn about Enterprise Ireland's strange job investment schemes ,it is slowly coming out that EI have invested 500,000 euros in this Training College , I suppose they will say to create jobs , that's funny most of the employees and trainees are now gone .

One would have to ask is the EI investment joined by FAS who spent a lot of time in Florida and indeed worked with the Florida Institute of Technology .

It is time for the PAC. To get EI. In and start looking at this waste ,staff costs at 50% of budget , 9 net jobs created , strange investments in Training schools ,no investment in the Services Sector. ,The Digital. hub. And much more.

**Baron von Biffo** · 14-07-2012, 05:09 PM

SixOne reporting that a pressure group has been set up supporting the trainees and it plans to picket the Dail.

Hasn't the idea that the state should be responsible for all losses associated with the collapse of private enterprises cost us enough already?

**PaddyJoe** · 14-07-2012, 05:36 PM

The Phoenix this week has a piece on Mike Edgeworth who runs the Wateford-based pilot training company. It appears that the company had accumulated losses of 2.8 million at the end of 2010.
Again according to Goldhawk the Edgeworth family went on a spending spree in 2008 and bought up 13 houses in a new estate in Waterford using mortgages from Anglo Irish.

**Baron von Biffo** · 14-07-2012, 05:54 PM

Originally Posted by PaddyJoe

The Phoenix this week has a piece on Mike Edgeworth who runs the Wateford-based pilot training company. It appears that the company had accumulated losses of 2.8 million at the end of 2010.
Again according to Goldhawk the Edgeworth family went on a spending spree in 2008 and bought up 13 houses in a new estate in Waterford using mortgages from Anglo Irish.

Well done on hitting the 10k. And 10k good ones at that.