Category: Canada

World Bank blacklists firm

(July 23, 2004) The World Bank has blacklisted its first multinational, debarring Canadian engineering company Acres International from new contracts for three years.

SNC barred from bidding

(June 22, 2004) In a case kept quiet until now, Canada’s biggest engineering firm, SNC-Lavalin Group Inc., has emerged as the first major Western firm known to have been punished for fraud by one of the giant international agencies that finance development in poor countries.