Citizens United Against British Columbia Investment Management Corporation (BCIMC): BCIMC Is In Financial Trouble and Begins Selling Asset To Cover Cash Outlays

British Columbia Investment Management Corporation

British Columbia Investment Management Corporation (BCIMC) claims to be a model corporate citizen following ethical principles in its business dealings but there is emerging evidence BCIMC may be a criminal organization that terrorizes law abiding citizens in order to take over their property.

The story of how BCIMC secretly conspired to take over the property of Pacific Rim Resort owned by the English family reveals a network controlled by BCIMC stretching from Victoria, British Columbia, to Atlanta, Georgia.

The campaign of terrorism included, firebombing, vandalism, death threats, abuse of municipal power, abuse of government power, obstruction of justice, and attempted murder as part of a conspiracy to acquire private property at fire sale prices. All investors in British Columbia need to be aware of these tactics by Government agencies.

There is an ancient legal maxim: "He who profits most from a crime is the one most likely to have committed it"

The available evidence shows that crimes were committed and that BCIMC, along with its subsidiary Parkbridge Lifestyle Communities Inc. (Parkbridge), and the Government of British Columbia benefitted so, in the Editors opinion, the logical conclusion, at this time, is that the Government of British Columbia, BCIMC and Parkbridge committed the crimes. But we will let you the reader be the judge. Please complete online opinion poll in right hand column.

Thursday, February 5, 2015

BCIMC Is In Financial Trouble and Begins Selling Asset To Cover Cash Outlays

Gordon Fyfe CEO of BCIMC

The corrupt management at the British Columbia Investment Management Corporation aka BCIMC is in big financial trouble and they are beginning to dispose of financial assets to cover costs.

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?

This could not come at a worse time for BCIMC now that their management team has been implicated in the orchestration of a domestic terrorism to acquire the English family resort property at fire sale prices.

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

full police investigation which in turn prompted British Columbia Finance Minister Mike De Jong to cut the budget of the RCMP prompting the RCMP to complain that they will not have enough resources to investigation serious organized crime cases like the crimes that were organized by agents of BCIMC against the English family.

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.

Jack English

Jack English has been making a series of Freedom of Information requests for documents that will assist to prove the criminal conspiracy against his family was organized by senior Government officials but the government is denying those requests on the grounds that he release of the documents will cause damage to the Government.

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.

No comments:

Pacific Rim Beach Front

Appraisers valued the property at close to $60 million. Scroll down to read two appraisal letters dated May 2011 that were summary letters for professional appraisal reports prepred for court proceedings but the property was sold for $16 million to Parkbridge after Mission Creek and Parkbridge colluded to effectively keep the property off the market. Legal scholars believe that the collusion amounted to obstruction of justice which is a Criminal Offence under section 139 of Canada's Criminal Code. Will Parkbridge and its officers go to jail?

Blaming the Natives - A Stupid and Racist Tactic

The terrorist attacks on the English family property Pacific Rim Resort were carefully carried out and the terrorists painted Native Indian symbols on the poles in an obvious, but painfully dumb, expectation that people would blame Native activists for carrying out the attacks.

This is a common tactic by certain insider groups in British Columbia but the people are no longer fooled by such divide and conquer tactics.

There are two key problems with the malicious attempt to throw suspicion on the Natives.

1. Natives in British Columbia and, in particular, in the Tofino region of Vancouver Island have consistently refused to use violence in their campaign to re-acquire title to their lands and, in all of their claims, they have acknowledged the equity of non-native title owners.

2. The English family have enjoyed hospitable and friendly relations with the local Native community.

Key Arson Suspects

These two young men were found in the office buiilding after the fire. The RCMP refused to take them in for questionning or fingerprinting. They may be from the Comox Valley. Readers are asked to contact pacificrimresort@hotmail.com with information about their identity and links to BCIMC, BC Hydro or others alleged to be part of the attacks on the English family. The lives of these young men may be at serious risk because, if involved, the masterminds behind the attacks on the English family may murder them to cover up.

Reid Pearce - son of Doug

Reid Pearce and his father, Doug Pearce, were seen by a witness skulking around the Pacific Rim Resort property. According to online reports, Reid Pearce studies finance and real estate at UBC and he is a Finance Department intern with Bentall Kennedy a company partly owned by BCIMC. Does Doug Pearce teache his son about hostile takeovers using violence, arson and terrorism? Why was Reid Pearce with his father and the real estate agent on the Pacific Rim Resort property? Reid is also a keen surfer and is regularly seen in the Tofino area.

Cheryl Yaremko - Conflict of Interest

Cheryl Yaremko is on the Board of Directors of BCIMC and she is the Chief Financial Officers of BC Hydro. She is in a conflict of interest because, in our opinion, by refusing to settle the legitimate claims by Jack English against of BC Hydro, Cheryl is assisting to confer illegal profits on her pension plan managed by BCIMC. Ms. Yaremko has not responded to our reporters questions about her role in the terrorism and financial destruction at Pacific Rim Resort. The usual rule in civil litigation is that silence = guilt.

Why BC Hydro Chief Financial Officer Cheryl Yaremko is breaching her ethics code

BC Hydro Chief Financial Officer, Cheryl Yaremko, is in breach of the BC Hydro Code of Conduct conflict of interest provisions as follows:

"No Employee or Director should hold a substantial private interest, directly or indirectly, through a relative, friend or associate, or hold or accept a position as an officer or director, in an entity where by virtue of his or her position in BC Hydro the Director or Employee could in any way benefit the entity by influencing the decisions of BC Hydro."

The continuing decision by BC Hydro refusing to pay its legitimate bills and repair damage it did to property owned by the English family companies is conferring a continuing benefit on BCIMC - the entity - where Yaremko is a Board member.

Will the cowardly Dan Doyle Go To Jail?

Dan Doyle was Chairman of BC Hydro when BC Hydro employees smashed down the locked gate on the English family lands near Tofino on Vancouver Island and broke the access bridge.

The BC Hydro Employees were obviously operating on orders from above and Dan Doyle may have given those orders.

Under Dan Doyle BC Hydro initially agreed to make good on its damages and in fact it lured Jack English into what now appears to have been a "bait and switch strategy" leaving Jack English in a position where he was unable to fight the conspiracy to take over his property.

Dan Doyle tried to portray himself as a nice guy but then, under his leadership, BC Hydro refused to pay its debts and refused to fix the bridge it broke and now it is dragging out the case in the courts hoping Jack English will go away or die.

This is a common strategy by the BC Government and is one reason why British Columbia is not a safe place to invest.

The Bridge Was Destroyed By BC Hydro

It sure looks like it was deliberate. BC Hydro appeared without any notice, ignored no trespassing signs, smashed down a locked gate, and broke the bridge that had been in place for over 30 years. They were trying to sneak away without telling anyone when Jack English showed up. Dan Doyle from BC Hydro promised to replace the bridge and pay costs incurred by Jack English but never did. BC Hydro delayed, delayed, delayed, and delayed and BCIMC benefited and Dan Doyle is now Chief of Staff to Premier Christy Clark and he refuses to return telephone calls or meet Jack English and he is hiding behind the skirts of his woman Premier like the coward that he is.