Wednesday, September 15, 2010
BC Rail - Sept. 15. Ex-director paid for 6 years after sale
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Ex-BC Rail director admits he was paid for 6 years after sale
By Neal Hall
Vancouver Sun - September 15, 2010
A former board member of BC Rail admitted under cross-examination in a political corruption trial Tuesday that he made more than $400,000 in fees for sitting on the board -- including more than $30,000 in the six years after the railway was sold and had no trains to run.
But Brian Kenning denied he was personally appointed to the BC Rail board by Premier Gordon Campbell in the summer of 2001.
"Didn't the premier call you and ask you to be on the board?" ...
Good article. Read more HERE.
By Bill Tieleman
The Tyee - Sept. 15, 2010
Quote:
A B.C. Rail director got testy during testimony about his own $550,000 in fees from two Crown corporations, and political donations his companies made to the B.C. Liberal Party, under cross-examination in B.C. Supreme Court Tuesday.
Brian Kenning bristled repeatedly under questioning from defence lawyer Kevin McCullough in the Basi-Virk political corruption trial ...
Read more HERE.
http://thetyee.ca/Blogs/TheHook/BC-Politics/2010/09/15/BC-Rail-director-questioned-about-fees-donations/
Ex-BC Rail director admits he was paid for 6 years after sale
By Neal Hall
Vancouver Sun - September 15, 2010
A former board member of BC Rail admitted under cross-examination in a political corruption trial Tuesday that he made more than $400,000 in fees for sitting on the board -- including more than $30,000 in the six years after the railway was sold and had no trains to run.
But Brian Kenning denied he was personally appointed to the BC Rail board by Premier Gordon Campbell in the summer of 2001.
"Didn't the premier call you and ask you to be on the board?" ...
Good article. Read more HERE.
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BC Rail director questioned about fees, donations to BC Liberals
By Bill Tieleman
The Tyee - Sept. 15, 2010
Quote:
A B.C. Rail director got testy during testimony about his own $550,000 in fees from two Crown corporations, and political donations his companies made to the B.C. Liberal Party, under cross-examination in B.C. Supreme Court Tuesday.
Brian Kenning bristled repeatedly under questioning from defence lawyer Kevin McCullough in the Basi-Virk political corruption trial ...
Read more HERE.
http://thetyee.ca/Blogs/TheHook/BC-Politics/2010/09/15/BC-Rail-director-questioned-about-fees-donations/
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Witness denies 'failure strategy' to run BC Rail into the ground
By Keith Fraser
The Province - Sept. 15, 2010
The full article is HERE.
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Dozens of Trial articles coming out now! ...
Trial hears BC Rail offer suddenly shot up
Metro Vancouver News Blog
By MetroNews.ca
VANCOUVER – A four-person team evaluating potential buyers of BC Rail's assets didn't give “much consideration” when one bidder suddenly bumped its offer by millions of dollars to nearly match the undisclosed bid of a rival purchaser, ...
Metro Vancouver News Blog - http://www.vancouvermetro.com/
Basi-Virk - perks, pucks and politics at BC Rail ...
By Bill Tieleman
The Globe's Rod Mickleburgh reports that former BC Rail board of directors member Brian Kenning told BC Supreme Court about perks and the politics of selling BC Rail, including golf club memberships. ...
Bill Tieleman - http://billtieleman.blogspot.com/
No 'marching orders' from province to sell BC Rail, former board ...
By admin - 15 September 2010. Court also hears extent of corporate perks. Visit link: No 'marching orders' from province to sell BC Rail, former board member ...
Canada News Brief - http://www.canadanewsbrief.com/
The Progressive Mind » The Real Story
By admin
Yesterday at the BC Rail Corruption trial, well-paid – make that very well-paid – director Brian Kenning was asked if he remembered being told it was untoward to be sporting a customized CN briefcase, whilst attempting to sell BC Rail ...
The Progressive Mind - http://www.theprogressivemind.info/
ctvbc.ca - Sept. 15, 2010
Excerpt:
A four-person team evaluating potential buyers of BC Rail's assets didn't give "much consideration" when one bidder suddenly bumped its offer by millions of dollars to nearly match the undisclosed bid of a rival purchaser, a political corruption trial heard Wednesday.
Witness Brian Kenning, a member of the evaluation committee, was asked by defence lawyer Kevin McCullough if the committee ever discussed why the new bid by OmniTrax, drawing them about equal to the CN Rail-CP Rail-Vancouver Port Authority consortium of bidders, came about.
"Did that not strike you as odd?" McCullough asked the witness in B.C. Supreme Court.
"We knew this group really wanted the bid, as to what prompted them to increase it. ... I don't think we spent a lot of time thinking about it. Sometimes people do that," Kenning replied.
McCullough asked if the group purposely overlooked possible reasons behind the increased offer.
"Was that perhaps because the leaking of confidential information in this manner was something you knew was occurring, and that's why it didn't seem odd to you that they were increasing their bid?" he asked ...
Good report. Read more HERE.
http://www.ctvbc.ctv.ca/servlet/an/local/CTVNews/20100915/bc_bc_rail_trial_perks_100915/20100915?hub=BritishColumbiaHome
Trial hears BC Rail offer suddenly shot up
Metro Vancouver News Blog
By MetroNews.ca
VANCOUVER – A four-person team evaluating potential buyers of BC Rail's assets didn't give “much consideration” when one bidder suddenly bumped its offer by millions of dollars to nearly match the undisclosed bid of a rival purchaser, ...
Metro Vancouver News Blog - http://www.vancouvermetro.com/
Basi-Virk - perks, pucks and politics at BC Rail ...
By Bill Tieleman
The Globe's Rod Mickleburgh reports that former BC Rail board of directors member Brian Kenning told BC Supreme Court about perks and the politics of selling BC Rail, including golf club memberships. ...
Bill Tieleman - http://billtieleman.blogspot.com/
No 'marching orders' from province to sell BC Rail, former board ...
By admin - 15 September 2010. Court also hears extent of corporate perks. Visit link: No 'marching orders' from province to sell BC Rail, former board member ...
Canada News Brief - http://www.canadanewsbrief.com/
The Progressive Mind » The Real Story
By admin
Yesterday at the BC Rail Corruption trial, well-paid – make that very well-paid – director Brian Kenning was asked if he remembered being told it was untoward to be sporting a customized CN briefcase, whilst attempting to sell BC Rail ...
The Progressive Mind - http://www.theprogressivemind.info/
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BC Rail team wasn't surprised bidder raised offerctvbc.ca - Sept. 15, 2010
Excerpt:
A four-person team evaluating potential buyers of BC Rail's assets didn't give "much consideration" when one bidder suddenly bumped its offer by millions of dollars to nearly match the undisclosed bid of a rival purchaser, a political corruption trial heard Wednesday.
Witness Brian Kenning, a member of the evaluation committee, was asked by defence lawyer Kevin McCullough if the committee ever discussed why the new bid by OmniTrax, drawing them about equal to the CN Rail-CP Rail-Vancouver Port Authority consortium of bidders, came about.
"Did that not strike you as odd?" McCullough asked the witness in B.C. Supreme Court.
"We knew this group really wanted the bid, as to what prompted them to increase it. ... I don't think we spent a lot of time thinking about it. Sometimes people do that," Kenning replied.
McCullough asked if the group purposely overlooked possible reasons behind the increased offer.
"Was that perhaps because the leaking of confidential information in this manner was something you knew was occurring, and that's why it didn't seem odd to you that they were increasing their bid?" he asked ...
Good report. Read more HERE.
http://www.ctvbc.ctv.ca/servlet/an/local/CTVNews/20100915/bc_bc_rail_trial_perks_100915/20100915?hub=BritishColumbiaHome
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Comments:
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I find the following summary statement from Mr. Hall's piece most significant:
"....He (Kenning) recalled the (BC Rail) board was well aware that Campbell had made a campaign promise not to sell BC Rail and the board spent almost a year trying to convince the government that the company should be sold (after first recommending it in the fall of 2001)....
Why?
Because of an apparent meeting between the Premier, his Chief-of-Staff, and three BC Liberal MLAs that very likely took place well before to the Fall of 2002 (ie. pretty much smack-dab in the middle of that one year period when all that alleged 'convincing' was going on).
Details may very well pop up over at my place soon.
Here.
.
"....He (Kenning) recalled the (BC Rail) board was well aware that Campbell had made a campaign promise not to sell BC Rail and the board spent almost a year trying to convince the government that the company should be sold (after first recommending it in the fall of 2001)....
Why?
Because of an apparent meeting between the Premier, his Chief-of-Staff, and three BC Liberal MLAs that very likely took place well before to the Fall of 2002 (ie. pretty much smack-dab in the middle of that one year period when all that alleged 'convincing' was going on).
Details may very well pop up over at my place soon.
Here.
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I find the last paragraph interesting,
Aneal accepts money from an American bidder, then passes the money to Dave. Dave passes the money to? Collins? And for what? What did the American bidder get for all that cash???
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Aneal accepts money from an American bidder, then passes the money to Dave. Dave passes the money to? Collins? And for what? What did the American bidder get for all that cash???
# posted by 
: September 15, 2010 at 1:01 p.m.
: September 15, 2010 at 1:01 p.m. << Home
