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

PQBeat Podcast: Pro hockey goalie Connor LaCouvee of Qualicum Beach

Listen: Netminder talks BCHL, college, pros and training during a pandemic

Petition underway to get RDN to improve Sandpiper water quality

Campaign urges regional district to make issue a priority

A second wave of COVID-19 is probable, if history tells us anything

B.C.’s top doctor says that what health officials have learned this round will guide response in future

COVID-19: Some gyms re-open in Parksville Qualicum Beach

Fitness facilities create space to allow appropriate social distancing

Trudeau to seek 10 days of paid sick leave for Canadian workers, says talks are ongoing

Paid sick leave is key to keeping COVID-19 spread under control, prime minister says

Commercial rent relief applications open as feds encourage landlords to apply

Program would see government cover 50 per cent of the rent

COVID-19: B.C. park reservations surge as campgrounds reopen

Keep trying, many sites not reservable, George Heyman says

Facing changes together: Your community, your journalists

The COVID-19 pandemic has changed the world in ways that would have… Continue reading

B.C. residents can now reserve a provincial campsite for a stay starting June 1

Campsite reservations will only be available to British Columbians

Cullen commission into money laundering in British Columbia resumes today

Inquiry was called amid growing concern that illegal cash was helping fuel real estate, luxury car and gambling

Bike shops busier than ever, but owners worry about stock supply issues

Uptick in cyclists brings new challenges for shops

RCMP facing ‘systemic sustainability challenges’ due to provincial policing role

Provinces, territories and municipalities pay anywhere from 70 to 90 per cent of the cost of the RCMP’s services

One man dead after standoff with Chilliwack RCMP

The Independent Investigations Office of B.C. is investigating the RCMP’s role in the death

Most Read