Monday, 14 March 2016

“When injustice becomes law, resistance becomes duty” Thomas Jefferson.

BC SECURITIES COMMISSION EMPLOYEE RETENTION
WHERE ARE ALL OF YOUR COMMISSION EMPLOYEES DISAPPEARING TO?



Sunday, March 13, 2016

British Columbia Securities Commission 
Brenda M. Leong, Chair and CEO
701 West Georgia Street
P.O. Box 10142, Pacific Centre
Vancouver, BC V7Y 1L2



Reference: Teresa Mitchell-Banks, Director of Enforcement and Mila Pivnenko, Litigator


WHERE DID THE HEAD OF CRIMINAL ENFORCEMENT DIVISION TERESA MITCHELL-BANKS FROM THE BCSC GO?
WHY IS THE BCSC HIDING THE REASON SHES GONE?
HOW CAN THE BCSC MAINTAIN MARKET INTEGRITY WHEN THEY ALWAYS HIDE THE TRUTH?

Dear Ms. Leong

It would seem that you are having employee retention problems. Could that be directly due to the Commission’s wrongful prosecution and criminal actions towards the U-GO Brands case?

Media Announcement dated November 27, 2015
Teresa Mitchell-Banks, a high-profile former Crown prosecutor hired by the BC Securities Commission in 2012, is no longer with the BCSC, but it’s not clear whether she quit or was fired.

“Teresa was a valued colleague, and we wish her well,” Richard Gilhooley, media relations officer for the BCSC, said in an email. “As this is a personnel matter, we will not be commenting further.”

Normally, when a high profile employee earning almost $300,000 per year, who has been under employ as the Director of Enforcement since only 2012 and there has not been any announcement from Ms. Mitchell-Banks as to the effect that she was moving on to another career, I can only deduce that she was in fact fired. This assumption of mine, my having spent decades in high level corporate management, has been corroborated by our confidential source inside the BC Securities Commission. This source has confirmed that Ms. Mitchell-Banks was in fact terminated due to her mismanagement of the SPYru Inc. and U-GO Brands investigation. As stated by Nigel P. Cave, Vice Chair, Executive Commissioner, the SPYru Inc. investigation and the U-GO Brands investigation should never have been co-joined, as they were two separate identities and the U-GO Brands Directors never held any official capacity in SPYru Inc.. SPYru Inc. was solely owned and directed by the now deceased Klaus Glusing of Providencials, Turks and Caicos Islands.

Now, let’s move on to Ms. Mila Pivnenko, Litigator. Why did she accept the position of lead litigator in this case, knowing that the investigators compromised the investigation from day one? Normally, in dealing with a large important case as the Commission made us out to be in their official 2014 “BCSC Roundup” as one of the 3 most serious cases of the year, the Senior Litigator in this case Mr. James K. Torrance, Senior Litigation Counsel – BCSC should have been the litigator in charge and spearheading this case. It is beyond comprehension as to why two experienced Officers of the Court (attorneys) would accept this case in first place which was so corrupted by the many ethical, civil and criminal wrong doings by the Commission investigators.

I refer to the following link: Mila Pivnenko - ON LEAVE

dir.gov.bc.ca/gtds.cgi?...Pivnenko...LEAVE...

The fact of the matter is that I can only surmise why Ms. Pivnenko is on a leave of absence.  

Normally, the Commission would have made some sort of announcement, as Corporations and Commissions do, regarding key employees being on leave and the reason(s) why.

May I surmise Ms. Leong, that the fact that these two valuable employees are no longer with the Commission and due to the past reckless investigation and prosecution of U-Go Brands and its Directors, that it seems obvious that the Commission is in damage control, otherwise these valued employees would still be at their posts in the Commission.

Again, Ms. Leong, every day that goes by, your employee moral and efficiency is declining and your position becomes more vulnerable as we look to the future.

I will not be redundant in my closing statement pertaining to a communication breakdown from your office.  We have come to expect your silence regarding every attempt by me to communicate with you for a resolve.

 
Respectfully,

Peter Harris

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