|Gordon Fyfe CEO of BCIMC|
Last week, it was announced that BCIMC has sold its interest in the Canadian based Delta Hotel chain to Marriott Hotels for $169 million.
Click here to read media report on sale
In the opinion of the Editors this is evidence that BCIMC is in deep financial trouble. The problem for BCIMC is that it must pay the highly over inflated civil servant pensions that the heavily unionized government work force has extorted from the public in British Columbia.
There simply is not enough cash to cover the grotesque pension benefits and so the asset disposal is ramping up. When pension benefit stop then things will get very interesting.
|Was English home burned out by BCIMC agents?|
Jack English has reported criminal activity that took place at his resort to the RCMP and asked for a
|BC Finance Minister Cuts RCMP Budget|
Click here to read about RCMP complaint about BC Budget
Of course, Mike De Jong has a huge conflict of interest because he is the Minister in charge of BCIMC and the RCMP investigation will lead directly back to the Ministry of Finance which failed to supervise the management at BCIMC to insure innocent families were not terrorized by government agents.
In the meantime, BCIMC continues to hide from the truth but the international capital markets and their advisors are following developments on this site which is a testament to the duplicitous corruption that hides behind the façade of respectability that BCIMC once enjoyed.