Lottery CEO’s conflict didn’t cost him

Michael Graydon talked with casino company about a job for two months, still got a bonus and two months' pay when he quit

Former B.C. Lottery Corp. CEO Michael Graydon

Former B.C. Lottery Corp. CEO Michael Graydon was in discussions to jump to a Vancouver casino company for two months before the told the BCLC board of directors about his conflict of interest.

That finding by an internal government audit has triggered new restrictions for departing Crown corporation employees. But it won’t cost Graydon any of the generous departure terms he received when he told the BCLC board of directors in late January he was quitting.

Graydon went to work for a company affiliated with Paragon Gaming, which is moving its existing downtown Vancouver casino to a new resort hotel development next to B.C. Place stadium.

Despite his resignation and a conflict of interest policy that applies to BCLC staff, the board saw Graydon off with a performance bonus, vacation pay and an extra two months’ salary totalling about $125,000.

BCLC board chairman Bud Smith issued a statement Thursday saying that the audit shows “the information provided by Mr. Graydon to the board was incomplete and/or inaccurate.”

When Graydon’s departure was made public in early February, NDP critic Shane Simpson termed it a “sweetheart deal” that violated the government’s policy of not paying severance to people who quit.

Finance Minister Mike de Jong announced Thursday that BCLC and all public sector organizations will have the same rules as the senior public service, including a one-year ban on taking a job with organizations that have done business with the government entity.

The internal audit reviewed Graydon’s appointment calendar and email records for the period when he was discussing his new role with Paragon. It did not find any disclosure of confidential BCLC information or decisions benefiting Paragon made during that time.

The audit also found that Graydon was allowed to keep BCLC-issued mobile devices, and that his access to the BCLC computer system remained in place for 10 days after he left.

 

Just Posted

South Okanaga SPCA receives over $21,000 from Penticton fundraiser

Barry Zarudenec almost single handedly raised over $21,000 for the South Okanagan Similkameen SPCA

All things spooky happening at Cawston Hall on Saturday

Masquerade Madness is back for fourth year

Ranchers help grow PRH

Ranching family’s roots recognized through PRH donation

Oktoberfest kicks off new Beer Week

The 10th annual event ties into the new week-long celebration of craft beers.

Vees fall to Clippers by 4-1

It was a bit of a feeling out process through the opening 20 minutes between two teams

Halloween musical creeps onto the Summerland Community Arts Centre stage

Tracy Fehr and the Voice Studio Singers perform on Oct. 25.

Vernon player wins ATP tour event, named to Davis Cup squad

Vasek Pospisil joins Raonic, Shapovalov and Auger-Aliassime in representing Canada

Climate activist Greta Thunberg’s mural defaced in Edmonton

The eyes on the portrait were blacked out

LETTER: Middle class better off with Trudeau’s child benefit boost

It’s a transfer, not a tax cut, but it helps families get ahead

Report suggests new BC Ferries terminal near YVR

Metro Vancouver currently has two ferry terminals at northern and southern reaches

B.C. scouting group’s tent destroyed by black bear on Thanksgiving

The Richmond-based Sea Dragon Sea Scouts were camping at Mount Seymour Provincial Park

Morning Start: Today is the last day to cast a vote in the federal election

Your morning start for Monday, October 21st, 2019

Most Read