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Bahamas Cancer Chief Probed In Fraud Case

Investigators are questioning if links exist between the Cancer Centre’s managing director Arthur Porter and a company involved in an alleged fraud case at McGill University Health Centre in Montreal, according to one leading Canadian newspaper.

In an article published last week in The Globe and Mail – one of Canada’s largest circulating national newspaper – it claimed police have traced a company “that is at the centre of a massive alleged fraud” at McGill University Health Centre (MUHC) to a building located in Nassau.

The company in question, Sierra Asset Management has a registered address at a Bay Street building but no operations, The Globe and Mail stated.

It was last month that Dr Porter hit back at “spurious” allegations surrounding his business ventures, and tenure and resignation from MUHC in 2011.

According to Canadian media, the Quebec government recently released the results of an audit that found the MUHC’s planned deficit of $12-million has ballooned to $115-million – a financial state so precarious that the hospital network has been assigned a special overseer to monitor its spending.

Quebec’s anti-corruption task force has also alleged that the hospital network was the victim of fraud in connection with its planned super-hospital.

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