Les Leyne: Leaked audit found rampant mismanagement of housing money

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B.C. Liberal critics said the full story was suppressed and minimized under Eby’s watch.

Opposition B.C. Liberals released a leaked document Tuesday that raises questions about the fiscal management of one of Premier David Eby’s ­former responsibilities — ­housing.

B.C. Housing said this year that the problems had been rectified, but the City of Vancouver subsequently refused to fund one of Atira’s properties out of safety concerns. Accountants concluded Atira’s board had incorrect, misleading information and lacked the critical thinking to do a deep analysis. Later, B.C. Housing developed its own management problems, revealed in a separate negative independent audit this year. Eby fired the entire NDP-appointed board a few days later, but there was no explicit explanation that it was due to mismanagement.The NDP has more than doubled the organization’s budget in recent years, to $1.9 billion.

Falcon told the legislature that the now-departed housing board allowed the former CEO to personally approve $115 million in spending “without any discernible due diligence.”

 

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So, the BC Libs, who knew this was an issue (hence they commissioned the report) - now like many things that happened under their watch, conveniently 'forget' their role and accountability. KevinFalcon when will you stand up and admit you were part of the problem?

I would like to see CLBC audited too.

No surprise the government is corrupt to the core. Constantly trying to convince the public they are not all criminals. Time for some China style corruption investigations

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Source: timescolonist - 🏆 15. / 75 Read more »

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Opposition demands audits of B.C. housing providers as Eby lays out more home plans - Terrace StandardLiberal leader Kevin Falcon independent review needed after says leaked reports show mismanagement
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Opposition demands audits of B.C. housing providers following leaked reportsLiberal Leader Kevin Falcon says Premier David Eby must launch independent reviews at B.C. Housing and Atira Women's Resources Society after leaked reports indicated mismanagement. Fast Cat Housing 2022 Pffttt, how about we start charging the BC Liberals for the mismanagement that prepetuated money laundering snd was instrumental in creating the housing crisis in the first place instead? They forget too easily... sorry, just can't get past socred policies. They have no credibility.
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