Tla’amin Nation outlines conflict of interest – Powell River Peak

Jay Yule was removed from economic development committee and resigned directorships

A member of multiple Tla'amin Nation entitieshas been found in conflict of interest with regard to his activities, according to Tlaamin Management Services LP (TMS).

In a post on the tlaaminbusiness.com website, dated June 15, a notice to Tlaamin citizens was published specifying that Jay Yule had been found in conflict of interest. According to the notice, on September 23, 2019, the Tlaamin legislative assembly determined Yule acted in conflict of interest while serving on the board of directors of multiple Tlaamin entities.

Accordingly, the legislative assembly removed Mr. Yule from Tlaamin Nations economic development committee in accordance with the Tlaamin Nation economic development law, the notice stated.

The notice further stated that Yule resigned his directorships in the Tlaamin entities on November 27, 2019, and two days later, the chair of Tlaamin Holdings Inc. referred the matter to the executive council under the conflict of interest regulation.

Finally, on April 21, 2021, the executive council determined that Yule had contravened the Tlaamin conflict of interest regulation to the benefit of his private interests by voting on the Tlaamin entity decisions to enter into a partnership for profit with YMI Investing Ltd., a company in which his spouse was a shareholder through a further numbered company, the notice stated.

The Peak reached out to TMS after the notice was posted. A representative stated that the Peaks message had been referred to Tlaamin Nation hegus John Hackett because the notice was issued by Tlaamins governing body.

The Peak contacted Hackett by email June 18. Attempts have been made by email and telephone to reach the hegus since but no reply has been received as of 5 pm on June 22.

According to the website, Tlaamin Management Services LP (formerly the Sliammon Development Corporation) is the business arm of Tlaamin Nation. TMS has more than 20 years of experience in conducting business, particularly in land development, forestry, aquaculture, retail, hospitality and tourism, according to the TMS website.

Sliammon Development Corporation (SDC) was established in 1995 to oversee economic development opportunities for Tlaamin Nation. After the effective date and implementation of the Tlaamin treaty, SDC was reorganized with Tlaamin Management Services LP taking over the business arm of the Tlaamin Nation.

The Peak has reached out to Yule for comment.

This story will be updated as more details/responses become available.

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Tla'amin Nation outlines conflict of interest - Powell River Peak