
City of Surrey, B.C., says it lost $2.5 million in ‘irregular transactions’
The City of Surrey says it filed a civil lawsuit against a former employee, looking to recover $2.5 million worth of “irregular transactions.”
A statement from city manager Rob Costanzo Thursday says the lawsuit was filed last year after staff identified problems dating back to 2017 involving dormant development-deposit accounts.
Costanzo says staff first spotted irregularities in early 2024 and the city conducted an internal review, engaged external forensic specialists, and reported the situation to the RCMP.
He says police are conducting a criminal investigation and the city has enhanced its processes to prevent something like that from happening again.