Deferred prosecution agreements that let companies pay fines for wrongdoing could backfire by encouraging repeat criminality. Probe International’s Patricia Adams for the National Post.
Deferred prosecution agreements that let companies pay fines for wrongdoing could backfire by encouraging repeat criminality. Probe International’s Patricia Adams for the National Post.
DPAs were virtually unheard of in business settings prior to 2004, but their growing popularity in the U.S. is now being felt in Canada with SNC-Lavalin lobbying the Liberal government to have its fate determined by a DPA, rather than the criminal trial the Harper government pursued.
Things are looking less sour for graft-tainted engineering giant SNC-Lavalin, which received a boost Monday when an analyst upgraded his rating and price estimate for the company’s stock following changes to the federal government’s procurement policy, announced in last week’s budget.
Media sources in India are following the Canadian government’s investigation of SNC-Lavalin with great interest.
(March 18, 2014) Regulators in Bangladesh have put an investigation of corruption allegations involving SNC-Lavalin in that country on hold until a trial in Canada involving former employees of the engineering giant is […]
(February 21, 2014) SNC-Lavalin, the Montreal-based engineering giant, is facing more allegations of corruption.
(November 26, 2013) A corruption trial in India involving Montreal-based engineering giant SNC-Lavalin has taken another turn.
(November 5, 2013) The alleged “culture of corruption” by SNC-Lavalin and others was encouraged by the government’s willingness to turn a blind eye.
(October 23, 2013) Don’t count on any government in Canada to hold SNC-Lavalin’s feet to the fire. Blinders on and taxpayers’ cash in hand, they’re willing to reward allegations of corruption with big, fat contracts, says Huffington Post’s Daniel Tencer.
(September 25, 2013) Lawmakers in Trinidad and Tobago tell the Canadian government SNC-Lavalin is a company too tainted by corruption to risk awarding a multi-million-dollar hospital contract to.
(September 25, 2013) Canadian economist Patricia Adams questions why the Canadian Commercial Corporation has been trying to get the Trinidad and Tobago government to sign a deal with SNC-Lavalin.
(September 24, 2013) SNC-Lavalin may have to pull out from a consortium bidding on a contract to construct a massive dam project in the Democratic Republic of Congo.
(September 16, 2013) SNC-Lavalin’s decade-long scandal in India goes to trial.
(September 7, 2013) Bangladesh plans to have a anti-corruption official attend the Canadian pre-trial for two former SNC-Lavalin employees charged with corruption in relation to a $1.2-billion Bangladeshi bridge project. Canadian evidence needed to close Bangladesh case.
(August 21, 2013) Officials in Trinidad and Tobago are reconsidering the country’s involvement with corruption-plagued engineering firm SNC-Lavalin.