Baffin Fisheries Coalition Fires CEO, Files Suit, After Embezzlement Discovered
SEAFOODNEWS.COM [CBC News] By Nick Murray - October 30, 2017
The Baffin Fisheries Coalition (BFC) is suing its former CEO Garth Reid for allegedly defrauding the company of $1.4 million.
The lawsuit, filed in the Supreme Court of Newfoundland and Labrador, alleges Reid was building on private land he owned in Winterton, N.L., and invoiced the work to BFC and its subsidiary Niqitaq Fisheries (NFL) — funneling goods and services through a construction company in Quebec.
The lawsuit says Reid, who was CEO at the time, claimed the work was for a project in Pond Inlet, Nunavut. He was ...
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