The Crocus Investment Fund stands before us exposed as a bedraggled panhandler and not the jaunty bon-vivant we have always believed.
Auditor General Jon Singleton has shown us a nearly broke fund with a useless board of directors made up of the deaf (to complaints), the blind (to truth), and the dumb (and we don't mean mute), who have been misleading Manitobans for at least three years over the true value of its investment portfolio.
Foremost in his recommendations were a series of references to numbered sections of the Criminal Code. We are sure the Special Prosecutor from Ontario will bring his handy-dandy pocket version to refer to, as he wades through the miriad of findings of questionable conduct and misleading statements.
But we will help the layman, by explaining that the sections refered to by the Auditor for legal review generally start with "F" - he was too polite to use the word, …