Tag Archives | Pierre Duhaime

SNC-Lavalin shareholders expected to grill execs about Libya connection at AGM

Shareholders of SNC-Lavalin Group Inc., Canada’s biggest engineering firm, are expected to use Thursday’s annual meeting in Toronto to grill executives about the Libyan corruption scandals that have knocked 28 per cent off the company’s market valuation this year. The scandals are centred on alleged secret funnelling of millions of dollars to the family of […]

SNC-Lavalin’s stock drops after RCMP raid

As a dozen RCMP officers raided SNC-Lavalin headquarters in Montreal Friday morning, it became clear that the investigation into the Quebec engineering giant was international in scope – and distancing itself from a few rogue executives wasn’t going to solve all the company’s problems. Within 45 minutes of the news hitting Twitter, the already battered […]