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Swiss Probe $139M SNC-Lavalin Laundering Case

Snclavalin

First Posted: 11/25/2012 12:36 pm EST Updated: 11/25/2012 12:36 pm EST

CBC News:

Prosecutors in Switzerland have formally indicted former SNC-Lavalin executive Riadh Ben Aissa on allegations he laundered vast sums of money tied to at least $139 million in mysterious payments by the company, according to Swiss public broadcaster RTS.

Read the whole story: CBC News

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Filed by Jacqueline Delange  | 
 
 
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janet2derek
348 Fans
03:45 PM on 11/25/2012
after reading the CBC article all it does is re confirm what many have either known or thought for years now. What worries me is they are involved in building the New english Montreal super hospital and just how safe is this new building really going to be.
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Gyice50
135 Fans
02:01 PM on 11/25/2012
This is SNC - Lavalin they are pure business and know who to grease to get the job done why do you think their main office is in "Quebec," the home of honest and above board Contract Tendering.
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huffffnpuffff
63 Fans
01:05 PM on 11/25/2012
So SNC-Lavalin may have paid "over and above" funds to secure contracts in Libya. Would the need for such payments come as a shock to anyone trying to do business in the Middle East? This is not to condone possible misuse of corporate funds (which are as yet just allegations and remain unproven), but it is to note that most governments in the region lack moral compasses in matters financial and other, and Libya was certainly no exception.
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janet2derek
348 Fans
03:41 PM on 11/25/2012
you should have read theCBC article,quite enlightening.
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