$11.5M from Sturgeon Lake trust helped fund Rath firm’s Tallcree payment: receiver

A court-appointed receiver says Alberta separatist leader Jeffrey Rath’s firm moved $11.5 million from a First Nation trust it controlled to help cover a court-ordered payment it owed to another First Nation client, Global News has learned.

The receiver’s latest filings show that on Jan. 23, 2024, the Sturgeon Lake Cree Nation Trust’s bank accounts issued two cheques totalling $11.5 million to RathPC. The next day, the firm moved the money into another RathPC account and commingled it with other funds.

Within a week, RathPC paid $8.5 million into the Alberta Court of King’s Bench, which was deciding whether the money belonged to Tallcree First…

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