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Brazilian corruption probe into SNC Lavalin may renew Canadian prosecutors’ interest
11 September 2020 00:00
When Canadian engineering company SNC-Lavalin was named in a bribery investigation in Brazil, it suggested that the company had failed to put its governance failures behind it. The probe by Brazilian federal prosecutors into corruption allegations involving the country’s state-owned nuclear plant is likely to add to the Montreal-based company’s woes back in Canada, where prosecutors have accused SNC-Lavalin of funneling millions of dollars to corrupt Libyan officials. The Brazilian probe is now likely to create a new headache for the company back in Canada.
Canada's SNC Lavalin, seemingly clear of a bribery scandal after a settlement in December, faces new headaches in Brazilian corruption charges.
Framatome, SNC Lavalin, Rovsing Dynamics charged by prosecutors with corruption at Brazil's EletronuclearBrazilian federal prosecutors filed charges against international companies for their alleged involvement in a corruption scheme at Eletronuclear.
James Panichi Senior Editor, Asia Pacific
James, an Australian journalist with over 25 years’ experience in print and electronic media, helps to oversee MLex’s coverage of regulatory risk in Asia, with special attention to Australia and New Zealand. In 2016, James was appointed as MLex’s managing editor for continental Europe, overseeing the Brussels bureau’s coverage of EU regulatory affairs and managing a team of 16 journalists in Brussels and Geneva. Previously James worked for the European Voice newspaper, before joining the... Read more