Quote: Originally Posted by Danbones
Buddy, till you get your type faces sorted out, YOU should not be so critical of others...Non?
Your posts are starting to smell like dASS.
I wonder how many of these 115 Companies are in Quebec and Ontario. Seems like they should all be fined and the funds going into the public coffers rather that the public coffers coming to bail out a nest of crooked Canadians, . . . yet again.
It is a distraction rather than he needs some coke-bottles as glasses. SNC was finished as a company in 2013. When you are banned by the World Bank you are 'out of business' so trying to save jobs would do what.
2013 was the the Conservatives, SNC should have been settled by 2015 rather than an investigation just beginning.
Canada now dominates World Bank corruption list, thanks to SNC-Lavalin
Out of the more than 250 companies year to date on the World Bank's running list of firms blacklisted from bidding on its global projects under its fraud and corruption policy, 117 are from Canada — with SNC-Lavalin and its affiliates representing 115 of those entries
Canada’s corporate image isn’t looking so squeaky-clean in the World Bank’s books — all thanks to SNC-Lavalin.
[np_storybar title=”Corruption’s double standard: It’s time to punish countries whose officials accept bribes” link=”https://business.financialpost.com/2...bes/”%5D
Out of the more than 250 companies year to date on the World Bank’s running list of firms blacklisted
from bidding on its global projects under its fraud and corruption policy, 117 are from Canada — with SNC-Lavalin and its affiliates representing 115 of those entries, the World Bank said.“As it stands today, the World Bank debarment list includes a high number of Canadian companies, the majority of which are affiliates to SNC Lavalin Inc.,” said the bank’s manager of investigations, James David Fielder.
“This is the outcome of a World Bank investigation relating the Padma Bridge project in Bangladesh where World Bank investigators closely cooperated with the Royal Canadian Mounted Police in an effort to promote collective action against corruption.”
As a result of the misconduct found during the probe, the Montreal-based engineering and construction firm, and its affiliates as per World Bank policy, were debarred in April 2013 for 10 years, as part of a settlement with SNC-Lavalin. And in one fell swoop, 115 Canadian firms were blacklisted by the World Bank, making Canada seemingly look like the worst offending country.
It’s quite the jump from 2012, when no Canadian companies were barred.
The long list of debarments mainly stems from just one large Canadian firm, but it still prompted some headlines around the world to point to Canada as being home to the most corrupt companies in the world.