Pauline Marois, apparently desperately looking for something to be outraged about, thought she found something in a report from the Caisse de dépôt et placement. There she discovered that the Caisse had lent money to Gesca Ltée, the company that owns La Presse.
The scandal, she figured, had to do with the fact that the former head of the Caisse, Henri-Paul Rousseau, now works for Power Corporation, the company that owns Gesca. Clearly this presented a conflict of interest.
Except, as the government pointed out, the first loan was issued before Rousseau was hired at the Caisse (by the PQ government, no less).
That revelation doesn’t entirely absolve Rousseau of the appearance of conflict (other loans were issued during his term), but one wonders if Marois would have been so critical if it involved a company that didn’t have such apparent ties to the Liberal Party of Canada.