Trial to go ahead for former CEO of Innu Development Ltd. Partnership

Trial to go ahead for former CEO of Innu Development Ltd. Partnership

A former chief executive officer of the Innu Development Limited Partnership (IDLP) will face a Supreme Court judge and jury for fraud.

Judge John Joy said the Crown had "met its burden" at a preliminary hearing. 

Joy committed Rich to stand trial in Supreme Court during a hearing on Friday at provincial court in Happy Valley-Goose Bay. 

In 2014, CBC reported the RCMP laid fraud charges against former CEO Paul Rich and former chief financial officer Edgar Branton, who is now deceased.

The charges followed a report by the former provincial auditor general, John Noseworthy, which showed the pair were paid excessive salaries, bonuses and incentives. The report also concluded the pair had taken advantage of a lack of board oversight at IDLP.

Rich allegedly took home a salary, bonus and incentives totaling around $1.5 million between 2008 and 2012.