Thursday, February 26, 2015

RCMP Charges SNC-Lavalin In Libya Corruption Probe

Latest: Corruption and Money Laundering

RCMP Charges SNC-Lavalin In Libya Corruption Probe.


The Mounties have laid corruption and fraud charges against SNC Lavalin, the Montreal-based construction company embroiled in a Libyan bribery scandal.
The RCMP said Thursday morning the company, its division SNC-Lavalin Construction Inc. and its subsidiary SNC-Lavalin International Inc. have been charged with one count of corruption and one count of fraud as part of the ongoing investigation into its business dealings in Gadhafi’s Libya.
Police allege that the company offered more than $47 million to Libyan officials in hopes they would use their positions to influence decisions on the awarding of contracts between 2001 and 2011.

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