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

Graduation rates in Hope have increased by almost 11 per cent since last year

Six-year graduation rates in SD 78 have risen from 63.7 to 74.4 per cent

Hope Food Bank struggling after dismal outpouring at annual Holly Days fundraiser

Food Bank may have to reduce hours, services if lost revenue isn’t made up

Students in Hope are ‘100 Days Smarter’

Coquihalla Elementary rang in 100 days of school in a concrete, yet creative manner

Chilliwack’s Chief Ernie Crey a firm pipeline supporter

Crey lauds NEB focus on marine safety in his role representing Indigenous oversight committee

Measles case confirmed within Fraser Health region

One case within Fraser Health is related to the outbreak in three Vancouver schools.

VIDEO: Iconic ‘snow cone’ takes shape at B.C. park near Clearwater

Snow cone forming at Wells Gray Provincial Park one that would make Disney’s Queen Elsa proud

Pink Shirt Day a reminder to ‘T.H.I.N.K.’ before posting on social media

‘Be Kind’ message on shirts sold for anti-bullying activities of Wednesday, Feb. 27

A ‘warm embrace’ for grieving parents at funeral of seven young fire victims

Mourners offered love and support to Kawthar Barho, mother of seven children

Indigenous leaders, politicians say Trans Mountain report flawed

The National Energy Board has endorsed an expansion of the Trans Mountain pipeline a second time

UPDATE: Reports of rashes prompt closure of all Harrison Hot Springs pools

Public pool available after Fraser Health shut down all five mineral pools until further notice

Legislation to protect B.C. farmland comes into effect

Regulations enhance food security, encourage long-term farming

Have you heard the legend of Shuswaggi, the Shuswap Lake monster?

Witness accounts as old as 1904, and as recent as 2018, place a creature in the lake’s depths

UPDATE: B.C. ticket holder winner of $25.9-million Lotto Max jackpot

Next draw set for Mar. 1 with an estimated jackpot of $10 million

B.C.-based ‘Team Tardi’ brings home gold in junior curling worlds

In a 9-4 victory over Switzerland, a Langley-based curling team earned its 2nd straight world title

Most Read