Police Probe and Controversy
On October 11, 2005, the RCMP raided the Sorbara Group offices as part of the ongoing Royal Group Technologies investigation. The police warrant stated that there were reasonable grounds to believe Sorbara and other directors of Royal Group defrauded the company and shareholders when they bought land in Brampton, that was owned by a subsidiary of the Sorbara Group. Sorbara initially resisted opposition calls for him to step down, but later resigned as Minister of Finance the same day.
Sorbara has issued a brief statement on this controversy. He denies any knowledge of the specific allegations against him, but notes that it is his responsibility as a minister to step aside "pending a resolution of this issue".
Following Sorbara's announcement, Dwight Duncan was appointed as Minister of Finance and Chair of the Management Board. Sorbara returned to cabinet in May 2006 after a judge ruled there was no evidence to justify the inclusion of Sorbara's name on a search warrant.
Read more about this topic: Greg Sorbara
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