SNC-Lavalin to reimburse Quebec municipalities, agencies for ill-gotten gains

Written by admin on 16/11/2018 Categories: 老域名购买

MONTREAL – SNC-Lavalin (TSX:SNC) says it will reimburse Quebec municipalities and agencies an undisclosed amount of money to settle contracts it obtained through fraudulent acts.

The provincial government launched a program last November that gave companies and individuals two years to voluntarily repay funds they received through ill-gotten contracts dating back to 1996.

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    READ MORE: Quebec rejects $330-million lawsuit filed by SNC-Lavalin consortium over hospital

    Top SNC-Lavalin executives testified before the Charbonneau corruption inquiry that the company illegally donated money to provincial and municipal political parties to obtain work contracts.

    Following an internal investigation, the Montreal-based firm said it will submit proposals in the coming days for fraudulent contracts relating to work in Montreal, Laval, Quebec City and Saint-Cyprien in the Lower St. Lawrence.

    READ MORE: SNC-Lavalin still hoping to resolve criminal charges as hearing set for 2018

    Other municipalities or public bodies that feel wronged can present evidence as to why they should obtain restitution.

    In its news release, SNC-Lavalin makes no mention of provincial contracts.

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