This article was last updated on April 16, 2022
Canada: 
Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
USA: Oye! Times readers Get FREE $30 to spend on Amazon, Walmart…
CEO of the Former British Columbia Lottery Corporation, Michael Graydon, was in a conflict of interest before leaving the position for a job with a company that vows to build a new casino next to B.C. Place. However, a report issued today by the B.C. government has confirmed that it found “no evidence” to prove the claim that Graydon’s new employer benefited from the conflict, which lasted for two months.
According to a press statement issued by the Ministry of Finance, “the review also found that while he had access to confidential information in his role as CEO, there was no evidence that information was removed or used inappropriately to benefit his new employer.” The report reveals that Graydon told about his departure to the BCLC board on January 29, 2014, mentioning that he plans to resign on March 31. However, his last day of work was February 4 and the announcement naming Graydon as the president of PV Hospitality ULC, which is affiliated with Paragon Gaming Inc, came on February 7. Thereafter, he started the new job on February 11.
The report points out that “Mr. Graydon’s first priority was announced as being the oversight and operations of a new ‘urban resort’ to be located adjacent to BC Place in Vancouver, BC.” It said that “Paragon Gaming is the operator of the Edgewater Casino in Vancouver and has been in negotiation since the spring of 2009, with the City of Vancouver and BC Pavilion Corporation, to move the casino to a permanent location and develop an urban resort. Edgewater Casino’s current location has always been regarded as temporary.”
Be the first to comment