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The Globe and Mail

Ousted Ornge chief is creditor in Ornge bankruptcy

Chris Mazza was terminated as CEO of Ornge, which is currently under a criminal probe for 'financial irregularities.'

Fernando Morales/The Globe and Mail/Fernando Morales/The Globe and Mail

The ousted CEO of Ontario's troubled air ambulance service is listed as a creditor in the bankruptcy of one of Ornge's for-profit ventures.

Bankruptcy documents list Chris Mazza, who was paid $1.4-million a year as CEO, as being owed $1.

That means that the balance due, if any, is undetermined or unknown.

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Mr. Mazza was terminated as CEO of Ornge, which is currently under a criminal probe for "financial irregularities."

The lawyer listed as representing Mr. Mazza in the bankruptcy case was not immediately available for comment.

The documents show that Mr. Mazza received $700,000 in loans from Ornge Global GP Inc., which have yet to be repaid.

They list the company's debts at $6.5-million and its assets at $782,000.

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