Latest news with #corporatecreditcard
CTV News
5 days ago
- Business
- CTV News
North Bay, Ont., mayor turns in his credit card
North Bay Mayor Peter Chirico no longer has a corporate credit card, a city spokesperson confirmed Friday. 'Mayor Chirico turned over his corporate credit card to the Chief Administrative Officer on July 4,' Gord Young said in an email to CTV News on Friday. Chirico has been under fire since it emerged earlier this year that he had used the corporate card to pay for $16,000 in personal expenses, including gifts, cigarettes and golf club memberships in 2023 and 2024. He has said that he repaid the money and has asked the city's integrity commissioner to investigate the incident. North Bay city council rejected a recent motion to have the mayor's use of the card reviewed by a forensic auditor, deciding to instead rely on the review by Guy Giorno, the city's integrity commissioner. Margaret Karpenko Margaret Karpenko, North Bay's now former chief financial officer, recommended in 2024 that Mayor Peter Chirico lose his credit card, after Chirico used the card to pay for thousands of dollars in personal expenses. (City of Greater Sudbury photo) Last week, it emerged that outgoing chief financial officer Margaret Karpenko recommended in early 2024 that Chirico's card privileges be revoked, but that recommendation was not acted on. Karpenko has since been named CFO in Greater Sudbury. Chirico's use of the card for personal items continued until late 2024, according to documents obtained through a Freedom of Information request. Earlier this week, a city council vote on whether to hold a special meeting on the issue was defeated in a 5-5 vote, with the mayor not voting because he declared a conflict of interest. The next regular meeting of city council is Aug. 12.
CTV News
13-06-2025
- Business
- CTV News
North Bay mayor under fire for using city credit card for personal expenses
North Bay Mayor Peter Chirico has come in for criticism after his expense reports were scrutinised. A new expense policy is now being formulated. North Bay Mayor Peter Chirico is under fire after the city's standard financial oversight processes flagged his use of a corporate credit card for a number of personal expenses. According to reports, about $16,000 in personal expenses were charged to his corporate card. North Bay Mayor Peter Chirico participated in a pr North Bay Mayor Peter Chirico is under fire after the city's standard financial oversight processes flagged his use of a corporate credit card for a number of personal expenses. (File) In a statement to CTV News on Friday, Chirico confirmed that in 2023 and 2024, a number of expenses charged to his corporate credit card were flagged and reviewed and that all expenses were submitted through 'appropriate channels.' Chirico said expenses that were deemed personal, including some that fell into a 'grey area,' were fully repaid. He said he acknowledges that he should have been more 'careful and deliberate' in keeping personal and business expenses separate and takes full responsibility. Closed-door meeting There was a closed-door meeting about the issue in which three city councillors – including Tanya Vrebosch -- boycotted. She argued more information was needed before discussing the issue and has filed a complaint to the Ontario ombudsman. 'At some point, the administration has to take accountability for what happened,' Vrebosch said. 'It went on for a year and a half to two years. This could have been stopped within a few months. Council was not made aware. You know, the mayor's not the only staff member to the CEO. We should have all been made aware.' Council voted to direct the city's CAO to prepare a new travel and expenses policy. Chirico said he supports that idea.
