Controversies
In 1996, Bill Bennett was convicted under B.C. securities laws of insider trading involving the sale of shares in a Duncan, B.C., company two years after he stepped down as premier. This was known as the Doman Scandal. A British Columbia Securities Commission panel imposed trading sanctions against Russell James Bennett and Harbanse Singh Doman and ordered them along with former B.C. premier William Richards Bennett to pay the commission $1 million to cover the costs of an insider trading case that spanned 11 years.
British Columbia Resources Investment Corporation (BCRIC or "Brick") (Social Credit Party), a holding company formed under the government of William R. Bennett, was a public boondoggle involving publicly-distributed and soon-worthless shares of a former Crown Corporation.
Bennett's tenure also included mega-projects such as the Coquihalla Highway, which cost approximately $848 million.
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