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.

 

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Child falls down Bridal Veil Falls near Chilliwack, crews on scene

An 11-year-old boy fell over the falls about 25 to 30 feet and has suffered a head injury

Popular retired UFV therapy dog passes away

Mac the Therapy Dog consoled countless students and staff, as well as wildfire victims

Imagination Library Fraser Valley celebrating Christmas in July

Dolly Parton early literacy intiative looking for financial support to help with waitlist

Exercise and cancer to be explored via webinar

UFV’s Dr. Iris Lesser to lead Zoom event for cancer patients and supporters

Vancouver double homicide leads to arrest in Harrison Hot Springs Wednesday

VPD and RCMP tracked dumped vehicle connected to killings to Chilliwack

B.C. sees 25 new COVID-19 cases, community exposure tracked

One death, outbreaks remain in two long-term care facilities

Woman sexually assaulted, robbed near Surrey SkyTrain station: RCMP

Police say the incident happened July 10, just after 11 p.m. near King George SkyTrain station

B.C. Ferries increasing passenger capacity after COVID-19 restrictions

Transport Canada 50-per-cent limit being phased out, no current plans to provide masks

Once-in-a-lifetime comet photographed soaring over Abbotsford

Photographer Randy Small captures Comet NEOWISE in early-morning sky

Four-vehicle collision snarls eastbound highway traffic in Fraser Valley

Collision west of Lickman Road on Highway 1 includes three vehicles plus motorcycle

BREAKING: Amber Alert for two Quebec girls cancelled after bodies found

Romy Carpentier, 6, Norah Carpentier, 11, and their father, Martin Carpentier, missing since Wednesday

Bringing support to Indigenous students and communities, while fulfilling a dream

Mitacs is a nonprofit organization that operates research and training programs

B.C. man prepares to be first to receive double-hand transplant in Canada

After the surgery, transplant patients face a long recovery

Grocers appear before MPs to explain decision to cut pandemic pay

Executives from three of Canada’s largest grocery chains have defended their decision to end temporary wage increases

Most Read