Quebec issues arrest warrant for ex-CEO of chem engineer SNC-Lavalin

27 February 2013 20:09  [Source: ICIS news]

TORONTO (ICIS)--Quebec’s anti-corruption agency has issued arrest warrants for the former CEO of Canadian energy and chemicals major SNC-Lavalin, and for a former senior SNC executive and three other people, it said on Wednesday.

The Unite permanente anticorruption (UPAC) said that the warrants against former SNC CEO Pierre Duhaime and former executive Riadh Ben Aissa were for fraud, conspiracy to commit fraud, fraud against the government, forgery, and unlawful secret payments. It did not disclose details.

SNC has been enmeshed in a series of cases of alleged corruption in CanadaAlgeria, Libya and Bangladesh.

In Canada, the fraud allegations focus on contracts for a new facility at a university health care centre in Montreal.

In the wake of the scandal, SNC appointed a new CEO, reshuffled senior management, and it shifted some activities, including chemicals engineering, to London. Last week, it appointed a renowned corporate governance and ethics expert as chief compliance officer.

SNC is described as one of the world’s top energy, infrastructure and chemical engineering and construction groups. It has offices in more than 40 countries around the world and is currently working in some 100 countries.

By: Stefan Baumgarten
+1 713 525 2653

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