WCAT to be wound up after schools lost £2m in collapse

Schools that lost £2m when an academy trust collapsed are set to find out if they will get any of the money back after the company is wound up.

With liquidation expected to begin later this month, former staff and trustees have criticised management of Wakefield City Academies Trust (WCAT).

They said chief executive Mike Ramsay was paid more than £270,000 while teachers were left “begging” for funds.

Mr Ramsay denies any wrongdoing while at the trust.

Former office manager Kirstie Whipp said: “Anything Mike wanted Mike would get, he always had the best phone, the best laptop, best iPad, we used the most expensive equipment.

“There’d been quite a lot on the news about schools having their funding cut but that wasn’t the impression, I remember thinking ‘what are they all on about, there seems to be quite a lot of money in education’.”


If you liked this post please share it:
Follow Us:
This entry was posted in Top story. Bookmark the permalink.