Finance Minister Mike de Jong must demand resignations of the senior executives and directors of Pacific Carbon Trust. They are officials of a publicly owned enterprise but instead dedicated their loyalty to vested interests that do business with PCT.
Additionally, director Mike Watson appears to have a conflict of interest since he is principal of a public relations firm hired by PCT to deride the work and reputation of Auditor General John Doyle.
“Of all the reports I have issued, never has one been targeted in such an overt manner by vested interests, nor has an audited organization ever broken my confidence, as did the senior managers at PCT by disclosing confidential information to carbon market developers and brokers. The orchestrated letter-writing campaign from domestic and foreign entities which followed this disclosure demanded considerable staff time, and resulted in the delay of this report. I cannot sufficiently express my surprise and disappointment that a public sector entity, with a fiduciary duty to the people of British Columbia, chose to expend its time and energy in this manner, rather than addressing the concerns raised in the audit – and that they did so with the knowledge of their governing board.”
Pacific Carbon Trust Board of Directors:
Chris Trumpy, accountant, former BC deputy minister, Chair of PCT, Director of Puget Sound Energy, credit union director
Heather Holden, investment adviser with Swiss financial company UBS, a BC Liberal donor
H Anne Lippert, former banker
Margaret Mason, lawyer with Bull, Housser & Tupper, a BC Liberal donor
James Mutter, venture capitalist, lawyer, formerly partner with Fasken Martineau Dumoulin LLP, a BC Liberal donor
Steven Hnatiuk, venture capitalist, a BC Liberal donor
Mike Watson, BC Liberal donor and principal of Wazuku Advisory Group, instrumental in pro-Liberal anti-Dix advertising attributed to CC4BC and its frontman Jim Shepard.
Scott MacDonald, CEO, former teacher and Education ADM.
David Moffat, responsible for business development, development consultant.
David Muter, responsible for contracting offsets, forest based product analyst, studying to become a Chartered Financial Analyst.
Raymond Chan, partnerships and client relations, former ADM, BC Ministry of Jobs, Tourism and Innovation.