This time questions are being asked about his relationship with construction companies bidding on the Muskrat Falls Project.
Interestingly enough, in a APTN article a Pennecon spokespersons said his business ties with Penashue were severed after the election. I am not sure how that squares with the last scandal in which the CBC revealed that six board members of Pennecon Ltd., donated a total of $5,500 to Penashue's campaign a few days after he was elected!
Here is an excerpt form a APTNNational News report:
“ There is no straight line between Penashue and the Muskrat Falls project, but the winding path begins with his filings to the Conflict of Interest and Ethics Commissioner and flows through a company headed by his wife and a separate firm headed by two senior executives with Newfoundland and Labrador firm Pennacon.
Pennacon is in a business partnership with Penashue’s brother Max Penashue and their firm is actively pursuing and landing contracts from the Muskrat Falls project.
- According to his filing, Penashue disclosed that he has an investment in a company called Penashue Group Inc., which he jointly owns with his wife, Mary Ann Penashue.
- Penashue Group has an interest in a company called Miskus Construction, according to the filing. Newfoundland’s corporate directory lists Mary Ann Penashue as the sole director of the company.
- Miskus Construction holds an interest in Miskus Avani Construction, according to Penashue’s filing. Miskus Avani counts two of Pennacon’s senior executives, CEO Larry Puddister and senior vice-president Edward Murphy, as directors, according to Newfoundland and Labrador’s corporate database.
- Pennacon is also connected to Penashue’s brother Max Penashue through a partnership in a firm called Liannu LLP. Max Penashue holds a 51 per cent stake in the firm.
- Liannu has already landed a contract to build a 22 kilometre access road and is bidding on a second contract to construct a 1,500 person dormitory with kitchen, dining and recreation areas.”