Francois Beaudoin was President of the BDC when he was investigated and charged with allegations of goods and services belonging the BDC

Francois Beaudoin was President of the BDC when he was investigated and charged with allegations of goods and services belonging the BDC which totalled $159,590. (33) In the end the investigation did not prove he was guilty and Mr. Beaudoin then sued the BDC and won as the investigation towards him was proven to be a great injustice set out to ruin him.
KPMG Expert Report
The quality and ethics of this report are flawed as KPMG did not provide evidence on most occasions to prove what they said Francois Beaudoin was taking advantage of. For example they use a witness to say he told him to fill up his personal vehicles with BDC credit cards but evidence stated “On the contrary, his clear and unavoidable instructions were always, at all times and all the time to reimburse the bank for any personal expense.” (193) This was common in this report and Justice Denis’s comments stated that the investigation was an injustice that was set out to ruin his reputation and here comments reflect how the KPMG report appeared to do this as they unethically did not provide evidence proving their claims and leaving evidence out that proved Mr. Beaudoin was not taking advantage of BDC services for his gain.
Richther Expert Report
This report was done much more ethically and the quality of it is much higher as it proved that KPMG did not work to the standards they should have. The Richther report and testimony provided evidence that discounted the reliability of the KPMG report and proved that Justice Denis’s comments were correct as the investigation was unfair due to the lack of evidence.

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