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Canadian probe into CSL

09 February 2004

PM Paul Martin agrees to inquiry into CSL government contracts

Canadian prime minister Paul Martin has agreed to an inquiry into how the government managed to underestimate the value of contracts granted to his shipping company by more than $160m, Lloyds List reports.

In 2003 the government reported CSL received just $137,000 in government jobs between 1993 and 2002, at a time when Martin was Finance Minister.

But government house leader Jacques Saada has since revealed the figure was actually $161m.

The mistake has been seized on by opposition parties, who have long criticized Martin's relationship with CSL.

Martin, a former finance minister, put CSL into a blind trust when he entered cabinet and has since transferred ownership of CSL to his sons after repeated claims of a conflict of interest.

Lloyds List reports Opposition politicians claimed the probe would enable Martin to defer the issue until after key spring elections.



For further information

Contact : MUA Shipping Division
Phone : +61 2 9267 9134
Fax : +61 2 9261 3481
Email : membership@mua.org.au
WWW : http://mua.org.au/


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