The Bank of Canada eh???

Sue's Blog will post extensively on the Report of the Auditor General "On a Review of Constituency Allowance Claims" 1989-90 - 2005-06. This is the first of such posts.

As the Report accentuated the abuse of taxpayer dollars by Paul Dicks - I have sent the following to the Governor of the Bank of Canada - where Mr. Dicks sits on the Board of Directors.

Dear Mr. Dodge,

I am writing as a citizen of Canada who wishes to express my concern respecting the previous activities of a member of the Bank's Board of Directors.

Mr. Paul Dicks - a board member and former MHA and Minister of the Government of Newfoundland and Labrador has been named by the Auditor General of Newfoundland and Labrador as having made numerous and significant inappropriate expenditures of public money.

Please refer to the Report of the Auditor General 2007 issued as at today's date. Please use the link below to access.

AG Report

I feel the behavior of Mr. Dicks with respect to his fiduciary duties to the people of Newfoundland and Labrador was abysmal.

A fiduciary is expected to be extremely loyal to the person to whom they owe the duty (the people): they must not put their personal interests before the duty, and must not profit from their position as a fiduciary, unless the principal consents.

I trust the information delivered by the Auditor General of Newfoundland and Labrador would cause concern to any citizen of this province - this country - and the leadership of the Bank of Canada.

Please take the time to review the tabled report and I trust the Bank will take appropriate action.

Best Regards,

Sue Kelland-Dyer