In this Blog Post:
- inappropriate severance paid out by Government to former Nalcor CEO
- inappropriate bonuses awarded Ed Martin, too.
- Ed Martin’s employment contract offers no legal basis for either severance or bonus
- Premier Ball has obscured the reason for Ed Martin’s departure and failed in his
obligation to tell the public the truth.
The assertion by Premier Ball that he was contractually obligated to pay severance to former CEO Ed Martin who resigned from Nalcor on April 20th, 2016 is neither based in law, nor in fact, at least not as it applies to his employment contract.
The Premier stressed, according to CBC, that Martin's resignation was a "personal one". Ball said it “was first discussed at a meeting between the two on Sunday, and later confirmed on Tuesday evening". The timeline is just one important detail.