Opinion: Everyone at B.C. Housing knew how the system worked, as an executive who spoke up against an Atira request soon found
One of the dozen or so members of the committee spoke up against the Atira deal, raising several concerns.
He wasn’t able to persuade his colleagues to turn thumbs down to the Atira deal. But when they voted to approve it, he abstained.Article content Ramsay’s interventions on Atira’s behalf came just six weeks after he’d signed on to a new conflict of interest policy. It was one of two dozen instances where Ernst & Young says he directly contravened the policy.Article content
The purchase was partly financed with $2 million in funds that represented the accumulated surplus from earlier B.C. Housing subsidies to Atira. Such unspent funds are supposed to be returned to B. C. Housing.Article content Ernst & Young: “B.C. Housing being left with very little options appears to be a direct result of their inability to provide effective financial oversight of Atira, inconsistent with the conduct expected of a publicly funded organization.”
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Vaughn Palmer: Eby pats self on back, excuses his evasions on B.C. HousingOpinion: The investigatory work continues at B.C. Housing, which is already a major embarrassment for the premier
Lire la suite »
Atira challenges accuracy of conflict-of-interest investigation into BC Housing - Terrace StandardOpposition continues attack on Premier David Eby while government calls for changes at Atira
Lire la suite »
Embattled B.C. non-profit housing agency stands behind CEO; housing minister shockedAtira Women’s Resource Society is standing behind its CEO despite evidence of systemic conflict of interest with B.C. Housing\u0027s former CEO.
Lire la suite »
Report finds mismanagement, risk to public funds at BC Housing under former CEOThe probe revealed mismanagement related to a conflict of interest between the former CEO, Shayne Ramsay, and his spouse, Janice Abbott, the CEO of Atira Women's Resource Society, BC Housing's largest housing operator.
Lire la suite »
Posthaste: Looks like Canada's housing market has finally turned the cornerThe speed of Canada\u0027s housing market correction surprised forecasters. Now its recovery is too. what does this mean to the Bank of Canada?
Lire la suite »
Posthaste: Looks like Canada's housing market has finally turned the cornerThe speed of Canada\u0027s housing market correction surprised forecasters. Now its recovery is too. what does this mean to the Bank of Canada?
Lire la suite »