Email to Mr. Jack Layton, MP, Member of Parliament, Leader, New Democratic Party

It is difficult for me to express the personal horrors that the abuse of the Small Business Financing Program have caused myself and many, many other franchisees. An OPP officer once told me: "look for the source of the money…that's where the real story is."

It's a story that should be told. At first it's beyond belief really; incredible even. Luckily, you have a resident franchising expert and I believe Mr. Martin can speak to the odour.

Any help you might offer would be gratefully accepted.

Email to Mr. Jack Layton, MP, Member of Parliament, Leader, New Democratic Party

To: Mr. Jack Layton, MP, Leader of the New Democratic Party
From: Mr. Andrei Oudovikine
Date: September 22, 2005
Dear Mr. Layton,

Please find below an email that I sent to Ms. Susan Kadis, MP.

I would appreciate any assistance that you might offer us. Mr. Les Stewart has been my family's business advisor since May 2004. I understand he worked on the franchising file with your Sault Ste. Marie member, Mr. Tony Martin and Mr. Chris Watson at Queen's Park.

We have exhausted the largely under whelming self-regulatory process and there are active files with the following agencies: Industry Canada, The Superintendent of Financial Institutions, Financial Consumer Agency of Canada and The Privacy Commissioner of Canada (x4).

It is difficult for me to express the personal horrors that the abuse of the Small Business Financing Program have caused myself and many, many other franchisees. An OPP officer once told me: "look for the source of the money…that's where the real story is."

It's a story that should be told. At first it's beyond belief really; incredible even. Luckily, you have a resident franchising expert and I believe Mr. Martin can speak to the odour.

Any help you might offer would be gratefully accepted.

Mr. Andrei Oudovikine
416-219-6576 Cell
905-893-0316 Res

cc: Mr. Les Stewart


Email to Ms. Kadis Susan, MP, Member of federal Parliament from Thornhill

To: Ms. Kadis Susan, MP, Thornhill
From: Mr. Andrei Oudovikine
Date September 22, 2005

Dear Ms. Kadis,

Thank you for the meeting with me September 18th at your constituency office. As we had discussed, I would like to meet to discuss the abuses of the Canadian Small Business Financing Program. I am willing to meet with you in Thornhill or Ottawa, if needed.

Individual
The Commercial Crime Unit of the Royal Canadian Mounted Police has been investigating my relationship with the Canadian Imperial Bank of Commerce since May 16, 2005. I allege the CIBC has violated several federal laws (i.e. Bank Act, PIPEDA, CSBFA) and the Criminal Code of Canada. Several regulatory, industry and ministerial offices are aware of our case.

I believe it would be inappropriate for you to comment on matters when a police investigation is on-going. However, there are several broader policy and federal law issues that are certainly within your responsibility as my member of parliament.

Regulatory & Legislative Change
My case is not unique. Mr. Les Stewart has identified "predatory lending practices" within the franchise industry (see attached Franchising Opportunism). These abuses extend into independent business financing as well. His opinion is that financial institutions have, over several years, conspired with other industry stakeholders to defraud small businesspeople. Canadian taxpayers may well end up being liable for several hundreds of millions of dollars of defaulted loans.

Public Inquiry
The Small Business Financing Program is an important source of funding for Canadian entrepreneurs. The federal government's responsibility is to administer programs prudently so that public money is not wasted. I believe a public inquiry is justified so that remedial regulatory and legislative changes can be implemented.

I would like to meet with you to stop these abuses of dominant position and soon-to-be-proven criminal practices. My father and I urge you to take all appropriate steps as quickly as you can.

As I write this email, we know this fraud is being used to devastating effects on hundreds of Canadian family businesses per year. We would like to work with you to prevent what happened to us from happening to other investors.

Best regards.

Mr. Andrei Oudovikine B.Eng
708 - 850 Steeles Avenue
Thornhill, Ontario L4J 8E7
416-219-6576 Cell
905-893-0316 Res

cc: Rt. Hon. Paul Martin
Prime Minister of Canada
Government of Canada

Mr. Les Stewart


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