Tuesday, April 28, 2009

Auditor General's Report Calls For Police Probe

At a city council meeting Monday night, Mayor Gérald Tremblay said he was not ready to comment on the auditor general's report. (CTV File Photo)

From CTV News:

The police should be called in to investigate a number of questionable real-estate deals by Montreal's former municipal housing corporation, says the city's auditor general.

In a lengthy report that follows a four-month investigation, Michel Doyon said the Société d'habitation et de développement de Montréal (SDHM) made dubious real-estate sales without appropriate authorization from the city, and at prices below the fair market value.

Mayor Gérald Tremblay's administration had asked Doyon to investigate 20 transactions the SHDM made since it was privatized two years ago.

Tremblay would not comment on the auditor general's report when it was presented at a city council meeting on Monday night. The mayor said he will respond later Tuesday after Doyon and the SHDM hold a joint news conference to elaborate on the findings.

Read more ....

Update: Montreal auditor asks police to check city's property sales -- The CBC

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