A Toronto hospital executive was evaluating potential bidders for a $300-million construction project during the same period he was involved in a private real estate venture with the builder that eventually won the contract – casting doubt on the fairness of a process that will lead to the creation of Canada’s premier critical-care centre.
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A Globe and Mail investigation has found that St. Michael’s Hospital executive Vas Georgiou was part of the team selecting companies to bid on the facility’s long-planned revitalization when he was also working on behalf of commercial property companies controlled by John Aquino, the president of the winning firm.
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A special committee of the hospital’s board has retained governance expert lawyer Carol Hansell, who in turn has enlisted forensic investigators, to probe Mr. Georgiou’s tenure.