A shaky looking Peter Ladner fielded some tough questions from Global TV this afternoon over city council's authorization for a loan of up to $100 million to bailout Vancouver's Olympic Village.

During the interview, Ladner defended his refusal to divulge the details of the in-camera meeting that led to the potential loan. His spin may have carried the day had it not been for Global's damning follow up story.

Quoting documents released through Freedom of Information requests, the Global story implicates the former president of Ladner's NPA party, Paul Barbeau, with Armeco, the group who owns the Millennium Development Corp - developers of the Olympic Village and a potential recipients of the city's $100 million loan.

To quote:

"Millennium is the development arm of the Armeco Group. The NPA council picked Armeco's Millennium for the massive (Olympic Village) deal, and Paul Barbeau was the President of the NPA and the President of Armeco Construction Limited in the years prior to the award."

A fine spot for Vancouver tax payers. See the Ladner interview below, and click here for the video story on Barbeau (if it won't load, go here and select "NPA linked to project").