Montreal-based company: It also charged the company, its construction division and its SNC-Lavalin International subsidiary of defrauding various Libyan organizations of about $129.8 million, according to Canadian HR Reporter. Three individuals — two former SNC executives and one of their lawyers — were previously charged by the RCMP part of the investigation that began in 2011. Police allege that between 2001 and 2011 SNC-Lavalin paid nearly $47.7 million to public officials in Libya to influence government decisions. In a statement, the Montreal-based company said that it will plead not guilty. SNC-Lavalin said the charges do not affect its ability to bid or work on any public or private contracts. SNC-Lavalin employs about 45,000 employees around the world, including 16,650 in Canada, in oil and gas, mining, water, infrastructure and power sector projects. ``The charges stem from the same alleged activities of former employees from over three years ago in Libya, which are publicly known, and that the company has co-operated on with authorities since then,'' said chief executive Robert Card.
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Tagged under Montreal-based company, construction division topics.
21.2.15