Winnipeg Free Press - PRINT EDITION

SNC-Lavalin discloses $13.5-million ruse

  • Print

MONTREAL -- SNC-Lavalin says a gas project in the United Arab Emirates was used as a cover to transfer $13.5 million to unknown agents, a portion of the $56 million in questionable payments identified by the company in an internal investigation last year.

The Montreal-based company said the amount was falsely attributed to the project but the money went elsewhere. Another $20 million was wrongly attributed to another project SNC-Lavalin refuses to identify.

"The payment in the UAE never actually happened," said spokeswoman Leslie Quinton.

The identity of the gas complex in Abu Dhabi surfaced after a French newspaper, L'Union de Reims, disclosed this week French authorities were investigating the payment.

A French prosecutor launched an investigation last summer after an external auditor found "anomalies" in the SNC-Lavalin Europe accounts.

Last November, police raided the SNC-Lavalin Europe headquarters, then in Reims, believing the $13.5 million was a commission paid to the project in Abu Dhabi.

But the money never went there, even though the accounting code for the Abu Dhabi project suggested it had, Quinton said. SNC-Lavalin later reimbursed the amount to correct the error.

SNC-Lavalin has said its internal investigation found $56 million was distributed to what it described as projects A and B. Project A totalled $33.5 million. Project B, which received $22.5 million, was later identified as Montreal's new super hospital.

"It had nothing to do with them; it was related to the ill-begotten gains of Project A," she said, referring to the mystery project.

 

-- The Canadian Press

Republished from the Winnipeg Free Press print edition June 27, 2013 B5

Fact Check

Fact Check

Have you found an error, or know of something we’ve missed in one of our stories?
Please use the form below and let us know.

* Required
  • Please post the headline of the story or the title of the video with the error.

  • Please post exactly what was wrong with the story.

  • Please indicate your source for the correct information.

  • Yes

    No

  • This will only be used to contact you if we have a question about your submission, it will not be used to identify you or be published.

  • Cancel

Having problems with the form?

Contact Us Directly
  • Print

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

You can comment on most stories on winnipegfreepress.com. You can also agree or disagree with other comments. All you need to do is be a Winnipeg Free Press print or e-edition subscriber to join the conversation and give your feedback.

Have Your Say

New to commenting? Check out our Frequently Asked Questions.

Have Your Say

Comments are open to Winnipeg Free Press print or e-edition subscribers only. why?

Have Your Say

Comments are open to Winnipeg Free Press Subscribers only. why?

The Winnipeg Free Press does not necessarily endorse any of the views posted. By submitting your comment, you agree to our Terms and Conditions. These terms were revised effective April 16, 2010.

letters

Make text: Larger | Smaller

LATEST VIDEO

Winnipeg Cheapskate: Kids' birthday parties

View more like this

Photo Store Gallery

  • Geese fight as a male defends his nesting site at the duck pond at St Vital Park Thursday morning- See Bryksa’s Goose a Day Photo- Day 08- May 10, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)
  • A young goose gobbles up grass at Fort Whyte Alive Monday morning- Young goslings are starting to show the markings of a adult geese-See Bryksa 30 day goose challenge- Day 20– June 11, 2012   (JOE BRYKSA / WINNIPEG FREE PRESS)

View More Gallery Photos

Poll

Are you OK with a tax hike if it means the city's roads will be better maintained?

View Results

View Related Story

Ads by Google