Welcome To the WIN!!! St. Elias Mines HUB On AGORACOM

Keep in mind, the opinions on this site are for the most part speculation and are not necessarily the opinions of the company WITHOUT PREJUDICE

Free
Message: BCSC, Barrick And The BCIMC (Pension fund for BC Civil Servants)

 

 Currrently the BCSC is indirectly connected to Barrick Gold through its Pension Fund the BCIMC,

 The BCIMC is directly responsible for looting the people of BC and Canada in a wide variety of manners.

 While the province is being stripped bare of education and healthcare funds, ICBC and BC Hydro are being run into the ground it is the BCIMC who is reaping the rewards.

 Lets be clear that as of right now there is no evidence that Barrick was directly responsible for the demise of SLI however Barricks unscrupulous methods are well known around the world and there is a possibilty they were involved. It is also very possible that the BC Investment Management Corporation (BCIMC) had its tentacles in the fraud perpatrated on SLI shareholders. Its cozy little setup with the BCSC allows its umbrella of corporate holdings to operate as they please in BC no questions asked.

 While the post below does not prove anything regarding Barrick, the BCSC and SLI, it is however very enlightening as to exposing the kinds of relationships and conflicts of interests that exist in the current financial structures and institutions in Canada. If these kinds of conflicts of interest can be allowed to exist and the rule of law brushed aside how can any government official make any claims that a fair and unbiased investigation was completed on the SLI matter with any credibilty or authority?

How Are the BC Securities Commission and Barrick Gold Connected?

 


How Are the BC Securities Commission and Barrick Gold Connected?


 Would the BC Securities Commission, a regulatory agency that is supposed to uphold the integrity of the marketplace and ensure fair and just capital markets in province of British Columbia hold shares in Barrick Gold through 'securities' it owns? Its possible, the two are connected through the BCIMC and it would come as no surprise to find the BC Securities Commission runs two sets of books at this point however that merely speculation. We would put nothing past the BCSC or the BCIMC at this point given what we have demonstrated on multiple websites and blogs.

 How could such a Financial Regulator make any claims to neutrality or avoid clear conflicts of interest when making decisions and judgements that have a massive and usually negative impact on other peoples lives?

 Lets look at a snapshot of the BC Securities Commission 2015/16 Service Report.

 The BC Securities Commission holds over twenty million dollars in BCIMC Securities, now we understand these are in Bonds and not necessarily in Barrick or other Public Securities which BCIMC is holding however this still represents a huge conflict of interest. It also begs the question, if this is what the BCSC hides in plain sight what else is it really trying to hide?

 Here are the holdings of Barrick Gold by the BCIMC. $134 Million.


 The BCIMC also owns positions in hundreds of other public stocks and thousands of other Financial Investments.


 More to come
 
 Source -
Share
New Message
Please login to post a reply