News

MTO, ORC Investigated for 'Irregular' Financial Dealings

By RTH Staff
Published July 19, 2010

Well, this should be interesting.

The Globe and Mail reports that the Ontario Provincial Police are investigating staff in the Ontario Ministry of Transportation and the Ontario Realty Corporation over alleged "irregular" financial dealings with the private sector.

A source familiar with the probe said OPP officers armed with search warrants arrived at the Transportation Ministry's offices last Thursday, where they examined computer files dealing with the purchase of goods and services from private-sector suppliers.

The raid also involved Ontario Realty Corp. and a government official confirmed on the weekend that employees at the Ontario government's real estate arm are also under investigation.

OPP officials said the force's anti-rackets branch, which handles complex fraud investigations, has launched a probe into "irregular financial transactions" involving unnamed government ministries and outside suppliers.

The Ontario Realty Corp is the Ontario government's arms-length real estate entity, which manages both occupied government buildings and vacant land - including the proposed East Mountain location for the Pan Am stadium - on behalf of the government.

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By Undustrial (registered) - website | Posted July 19, 2010 at 22:45:43

Surprise surprise. This is what happens when you create powerful arms-length corporations which hob-knob with private business interests.

One more reason to start turning all this vacant land over to community groups who can put it to good use.

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By Hunter (anonymous) | Posted July 20, 2010 at 08:07:29

Good.

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By Jason (registered) | Posted July 20, 2010 at 08:44:15

The only thing shocking about this is that it was made public.

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By jonathan dalton (registered) | Posted July 20, 2010 at 12:07:55

'maybe they'll donate the land'

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By Capitalist (anonymous) | Posted July 23, 2010 at 16:29:22

Really, so what does this have to do with the East Mountain Stadium?

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