Colaiste Cholmcille is facing a series of legal actions after young boys were raped on premises owned by the school at Ardscoil Mhuire by paedophile Michael Ferry.
Outraged community leaders in Gaoth Dobhair have told the directors of Colaiste Cholmcille that the school is no longer welcome.
And we understand the directors will formally wind up the limited company ‘as soon as possible.’
The company had revenues of more than €400k in the last year for which it filed accounts, in 2009.
The company’s directors were listed at that time as Donal O Loinsigh, Seosamh O Gallachoir and Eileen Ni Fhrighil.
Despite running all of its courses in Co Donegal, the company is actually registered at an address is in Terenure in Dublin.
Courses have been run in recent weeks at the Acadamh, part of the NUI Galway campus in Gaoth Dobhair business park.
A well-placed source told donegaldaily.com: “Colaiste Cholmcille is finished as an entity. The whole scandal surrounding Michael Ferry has seen to that. The company will be wound up as soon as possible.”
You can read the Colaiste Cholmcille accounts by clicking here:Tags: