Oilsands Quest, Inc. was very, very good to senator Pam Wallin. Her spot as a director of the Calgary-based energy company earned her $648,000 in cash and stock options, according to The Globe & Mail.
SenPam resigned from the OilQuest board when it fell into receivership but that didn't keep her from being named as a defendant in a lawsuit that claimed the company defrauded investors with bogus claims of great bitumen wealth in Saskatchewan.
Earlier this month the now defunct company settled the suit for $10.2 million. According to counsel, it's the directors' and officers' insurers that covered the settlement.
Here piggy, piggy.