Frank Coleman recorded CBC’s On Point with Peter Cowan on Thursday or Friday afternoon.
During the show, Coleman acknowledged that he had a personal financial interest in a decision by transport minister Nick McGrath to let Humber Valley Paving out of a contract without calling the performances bonds associated with the project. Coleman’s son – connected to the company at the time - negotiated with department officials on behalf of the company.
Auditor General Terry Paddon is currently investigating the contract decision based on a request from Premier Tom Marshall.
Whether McGrath should have called the bonds is another question. But Coleman told CBC that he had personally guaranteed the bonds. As a result, he would have been personally on the hook for the bond despite the fact he had sold his interest in Humber Valley Paving three days before his son contacted the department about the contract.
Whether McGrath would have called the bonds or should have is another matter.
Coleman recorded the show well before it aired. But what happened on Friday evening caught everyone by surprise.