Democracy Gone Astray

Democracy, being a human construct, needs to be thought of as directionality rather than an object. As such, to understand it requires not so much a description of existing structures and/or other related phenomena but a declaration of intentionality.
This blog aims at creating labeled lists of published infringements of such intentionality, of points in time where democracy strays from its intended directionality. In addition to outright infringements, this blog also collects important contemporary information and/or discussions that impact our socio-political landscape.

All the posts here were published in the electronic media – main-stream as well as fringe, and maintain links to the original texts.

[NOTE: Due to changes I haven't caught on time in the blogging software, all of the 'Original Article' links were nullified between September 11, 2012 and December 11, 2012. My apologies.]

Friday, February 24, 2012

Ousted Ornge chief is creditor in Ornge bankruptcy

The ousted CEO of Ontario's troubled air ambulance service is listed as a creditor in the bankruptcy of one of Ornge's for-profit ventures.

Bankruptcy documents list Chris Mazza, who was paid $1.4-million a year as CEO, as being owed $1.

That means that the balance due, if any, is undetermined or unknown.

Mr. Mazza was terminated as CEO of Ornge, which is currently under a criminal probe for “financial irregularities.”

The lawyer listed as representing Mr. Mazza in the bankruptcy case was not immediately available for comment.

The documents show that Mr. Mazza received $700,000 in loans from Ornge Global GP Inc., which have yet to be repaid.

They list the company's debts at $6.5-million and its assets at $782,000.

Original Article
Source: Globe
Author: The Canadian Press
Topics: , , , , ,

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