Vas Georgiou, former chief administrative officer of St. Michael’s Hospital, walks into the Superior Court Justice, in Toronto, on Nov. 22.Two men facing criminal fraud charges stemming from the $300-million redevelopment of Toronto’s St. Michael’s Hospital had interests together in a property company and a solar business, an Ontario court was told, in addition to a bottled-water venture that came up earlier at their trial.
Domenic Dipede, Bondfield’s former chief financial officer, testified on Monday that Mr. Georgiou also had an ownership interest in the company, Gervais Property Management Inc., which owned two commercial buildings on Gervais Drive in north Toronto. However, Mr. Dipede said, Mr. Georgiou’s name did not appear on any of the corporate documents.
Mr. Dipede said Mr. Georgiou put together leases for some of the tenants in the Gervais Drive buildings and approved invoices for work done on them. “I think he was involved in a lot of what was happening on Gervais,” he said. Mr. Dipede also testified that questions to Mr. Aquino from The Globe and Mail in September, 2015, regarding his commercial relationship with Mr. Georgiou and the businesses they were involved in together, including Gervais, were of “top level” concern within Bondfield.
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