SNC-Lavalin charged with foreign corruption offences
Canadian engineering and construction giant SNC-Lavalin has been charged by the RCMP with paying bribes of nearly $48 million to Libyan government officials and defrauding Libya of nearly $130 million. SNC-Lavalin said it would “vigorously defend itself” against charges it says are “without merit”. It noted that the alleged conduct was committed by employees who left the company long ago. If convicted, SNC-Lavalin faces massive fines as well as a ten year ban on doing business with the federal government. The RCMP charged SNC-Lavalin with one count of bribing a foreign public official under provisions of the Corruption of Foreign Public ... [more]
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