Tag Archives: Garth Reid

Baffin Fisheries ex-CEO denies fraud accusations; countersues for $20M

The former CEO of the Baffin Fisheries Coalition (BFC) says he never defrauded the company, and is now countersuing the BFC for breach of contract and defamation. Last month, BFC launched a $1.4 million lawsuit against , alleging he was building on his private land in Winterton, N.L., and invoicing the work to BFC, and its subsidiary Niqitaq Fisheries, claiming it was for a project in Pond Inlet, Nunavut. click here to read the story 21:32

Baffin Fisheries Coalition launches $1.4M lawsuit against ex-CEO

The Baffin Fisheries Coalition (BFC) is suing its former CEO Garth Reid for allegedly defrauding the company of $1.4 million. The lawsuit, filed in the Supreme Court of Newfoundland and Labrador, alleges Reid was building on private land he owned in Winterton, N.L., and invoiced the work to BFC and its subsidiary Niqitaq Fisheries (NFL) — funneling goods and services through a construction company in Quebec. The lawsuit says Reid, who was CEO at the time, claimed the work was for a project in Pond Inlet, Nunavut. He was terminated two weeks ago. click here to read the story  10:57