Tag Archives | SNC Lavalin

Former SNC-Lavalin VP found Guilty

By John Lee. Former SNC-Lavalin vice-president Sami Bebawi has been found guilty of corruption in relation to contracts for the Canadian engineering company in Libya. According to Bloomberg, a jury found Bebawi (73) guilty of five charges including fraud, corruption of foreign officials, and laundering proceeds of crime. The case follows an investigation by Canadian […]

SNC-Lavalin settles Class Actions over Libya Bribery

Canada’s SNC-Lavalin has announced that it has, subject to required court approvals, reached a settlement agreement in relation to class actions in Quebec and Ontario filed in 2012 on behalf of security holders. The Actions were brought pursuant to the secondary market civil liability provisions in various Canadian securities statutes. The Company has contributed $88M […]

SNC-Lavalin Corruption Trial Postponed

The criminal case in Canada against SNC-Lavalin for alleged corrupt activities in Libya, which had been due to resume last week, has been postponed until February 2016. The company has been charged with paying bribes totalling US$ 37 million to government officials in Libya between 2001 and 2011.  It is also charged with defrauding construction […]

More Allegations against SNC-Lavalin

Canadian-based engineering firm SNC-Lavalin has announced that it has replaced president and CEO Bob Card with Neil Bruce, but claims the move is “completely unrelated” to new allegations about its business in Libya. The company faced new allegations on Monday from Riadh Ben Aïssa, SNC’s former executive vice-president, who claims the company has made him […]

Fmr SNC-Lavalin VP Jailed for Libya Bribes

A former vice-president of the Canadian company SNC-Lavalin has reportedly been sentenced in Switzerland to three years in prison, including an 18-month suspended sentence. Riadh Ben Aissa, a Tunisian-born Canadian, pleaded guilty to charges of corruption and money laundering, relating the payment of several million dollars to Saadi Gadhafi, son of former Libyan dictator Moammar Gadhafi. […]

Former SNC-Lavalin Execs Face Charges

The Royal Canadian Mounted Police has filed criminal charges against two former senior executives of the Canadian engineering company SNC-Lavalin. According to press reports, former executive vice-president Sami Abdallah Bebawi has been charged with fraud over $5,000, two counts of laundering proceeds of crime, four counts of possession of property obtained by crime and with […]