Arab Today, arab today canada engineering firm charged with corruption
Last Updated : GMT 08:25:06
Arab Today, arab today
Arab Today, arab today

Canada engineering firm charged with corruption

Arab Today, arab today

Arab Today, arab today Canada engineering firm charged with corruption

SNC-Lavalin's international
Montreal - AFP

Canadian federal police charged Montreal-based engineering firm SNC-Lavalin and its subsidiaries with corruption Thursday for allegedly bribing officials in Libya during former strongman Moamer Kadhafi's reign.
The charges are just the latest in a series of bodyblows dealt to one of the world's largest engineering firms after its former president and senior executives were accused of fraud, and the World Bank banned it from bidding on projects.
They are also the first accusations aimed directly at the company on its home turf.
In a statement, SNC-Lavalin said it would fight the charges, saying they stem from "alleged reprehensible deeds by former employees who left the company long ago."
"We believe that they would be correctly applied against the individuals in question and not the company," it said.
According to the Royal Canadian Mounted Police, the alleged offenses took place between August 2001 and September 2011.
The company, its international arm and another subsidiary are accused of having offered Can$47,689,868 (US$38,115,750)in bribes to officials and of defrauding the Libyan government of Can$129,832,830 (US$103,761,529).
SNC-Lavalin oversaw billions of dollars worth of projects in Libya, including construction of a prison outside Tripoli and an airport in Benghazi.
The charges relate to the world's largest irrigation project -- the Great Man Made River Project -- to provide fresh water to the cities of Tripoli, Benghazi and Sirte.
- Point man in Libya -
SNC-Lavalin's former point man in Libya, Riadh Ben Aissa, was arrested in Switzerland in April 2012 and pleaded guilty to bribery, money laundering and embezzlement for having funneled illegal payments to Saadi Kadhafi, the dictator's son, and other officials.
Swiss prosecutors said SNC-Lavalin was a victim of that fraud.
Ben Aissa was executive vice president of the firm's construction arm before he was fired only two months prior to his arrest.
He is now back in Canada after being extradited from Switzerland to face charges related to a Montreal hospital contract.
He was granted bail last November and is due to appear in court for a preliminary hearing next month.
Ben Aissa, former CEO Pierre Huhaime, and the hospital's former chair, Arthur Porter, are accused of orchestrating millions in bribes in the awarding of a contract to build the hospital.
He was also the alleged mastermind behind an elaborate plot to bring Saadi Kadhafi into Mexico with false documents at the height of pro-democracy protests in Libya in 2011.
The RCMP said its investigation of the company, started in 2011, is ongoing.
Meanwhile, SNC-Lavalin was banned in 2013 from World Bank contracts for 10 years after executives were accused of bribery in the awarding of a contract to build a four-mile (six kilometer) bridge in Bangladesh, and "misconduct" in a rural electrification project in Cambodia.
Other investigations have also linked the century-old company with approximately 45,000 staff worldwide to alleged crimes in Algeria, Canada, Mexico and Tunisia.
A whistleblower first brought these scandals to light.
Since then, SNC-Lavalin distanced itself from former executives targeted by police, while cooperating in investigations.
Meanwhile, a new chief executive officer, Robert Card, was brought in to oversee a sweeping restructuring and implementation of strict business ethics.
Card said the company has already incurred "significant financial damage and losses" as a result of alleged wrongdoing by former staff.
In November the company slashed 4,000 jobs.
The new charges do not affect the company's ability to bid or work on any public or private projects, Card said.
But a conviction would bar it from bidding on lucrative Canadian government contracts -- its lifeblood.
Card warned in October that any attempt to hold SNC-Lavalin accountable for criminal actions of former employees would severely hurt its business.
He told the daily Globe & Mail the company could be broken apart and sold piecemeal, or "cease to exist entirely."

 

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today canada engineering firm charged with corruption Arab Today, arab today canada engineering firm charged with corruption

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today canada engineering firm charged with corruption Arab Today, arab today canada engineering firm charged with corruption

 



Arab Today, arab today
Arab Today, arab today Designer Aql Faqih aspires to innovation

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation
Arab Today, arab today Italy regions back 'big bang' autonomy

GMT 07:10 2017 Monday ,23 October

Italy regions back 'big bang' autonomy
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Iraq's Barzani isolated by his drive

GMT 04:36 2017 Tuesday ,24 October

Iraq's Barzani isolated by his drive
Arab Today, arab today Maltese demand justice for murdered

GMT 06:08 2017 Monday ,23 October

Maltese demand justice for murdered
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today World's deepest lake in peril

GMT 15:54 2017 Friday ,20 October

World's deepest lake in peril
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Lost Australia diver swam miles

GMT 19:09 2017 Monday ,23 October

Lost Australia diver swam miles
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today EU targets German carmakers

GMT 05:41 2017 Tuesday ,24 October

EU targets German carmakers
Arab Today, arab today Tesla to build wholly-owned plant

GMT 07:55 2017 Monday ,23 October

Tesla to build wholly-owned plant
Arab Today, arab today Sherine Reda frustrated of latest terrorist attacks

GMT 09:03 2017 Monday ,23 October

Sherine Reda frustrated of latest terrorist attacks
Arab Today, arab today Delhi braces for pollution 'airpocalypse'

GMT 16:07 2017 Friday ,20 October

Delhi braces for pollution 'airpocalypse'

GMT 08:12 2017 Saturday ,21 October

Donia Abdel Aziz aspires to return to cinema

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 06:07 2017 Sunday ,22 October

15,000 Under Fives Die

GMT 12:54 2017 Saturday ,21 October

Malaysia Airlines picks new CEO

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 08:06 2017 Tuesday ,24 October

Second Palestinian mobile provider enters Gaza

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday