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

It’s the last day to vote in B.C.’s referendum on electoral reform

Ballots must now be dropped off in person to meet the deadline of 4:30 p.m.

Golden Sound Fest takes hiatus until 2020, unless funds can be raised

After a huge year for Golden Sound Festival, the festival coordinators have… Continue reading

Your weekly Mountain Minute news recap

The Golden Star’s weekly 60-second news recap… Continue reading

Rockets defeated on the road

The Golden Rockets suffered two back to back losses in their away… Continue reading

EDITORIAL: Words can hurt

These days, we have so many different ways to communicate at our… Continue reading

VIDEO: This B.C. school leads country in vaccine donations to UNICEF

Federally funded Kids Boost Immunity uses quizzes to earn vaccinations

Boeser scores 3, Pettersson has 5 points as Canucks hammer Blues

Vancouver picks up impressive 6-1 win in St. Louis

B.C. police stop drunk driver who offered up burger instead of ID

Roadblock checks over the weekend found at least two other impaired drivers

In Canada, the term ‘nationalism’ doesn’t seem to have a bad rap. Here’s why

Data suggest that Canadians don’t see the concept of nationalism the way people do in the United States

Small quake recorded west of Vancouver Island

No injuries or tsunami warning after 5.4 rumble felt some 400 kilometres from Victoria

B.C. suspends Chinese portion of Asian forestry trade mission due to Huawei arrest

Huawei’s chief financial officer Meng Wanzhou was detained at the request of U.S. in Vancouver

Canadians spent $1.7 billion dollars online in December 2017

Online retail sales accounted for 3.4 per cent of total retail sales

2-year investigations nets $900,000 in refunds for payday loan customers

Consumer Protection BC says selling practices were ‘aggressive and deceptive’

New Kootenay East Regional Hospital District Board elected

Redeveloping East Kootenay Regional Hospital in Cranbrook a priority for new hospital district board

Most Read