An excellent Lavscam investigative report by CBC, no less. And it’s a doozy.
Millions of dollars in a safe to facilitate bribes. Massive fraud. And Justin Trudeau’s favourite engineering firm still up to its ears in slime. The same firm which, also this morning, we are hearing in the indispensable Hill Times that what I reported weeks ago is true: they are going to get the deferred prosecution sweetheart deal that Jody Wilson-Raybould fought, and was martyred over.
Some of the CBC yarn below. Full story here.
If called to testify at an SNC-Lavalin trial, he could expose who else in the senior ranks may have known about $47.7 million in bribes and $130 million in fraud tied to projects in Libya — crimes the RCMP alleges were committed by the company between 2001 and 2011.
SNC-Lavalin has been lobbying hard behind the scenes to secure what’s called a deferred prosecution agreement (DPA) to avoid going to trial. The company, as well as its supporters in government, argue thousands of jobs are at risk if it is convicted and barred from bidding on federal contracts.
But a CBC News investigation reveals why 12 top directors who left the company years ago also have plenty at stake if the case goes to trial. SNC-Lavalin’s former board is an influential who’s who of the corporate elite that includes former senators, banking executives and members of the Order of Canada. They will all likely face close — and very public — scrutiny if called to testify about whether they knew of any corruption happening on their watch.
By piecing together public records, including past testimony, exhibits, depositions and separate civil suits involving the company, CBC News has uncovered a string of instances where those board members were allegedly told of financial irregularities — including a $10-million stash of cash kept in an office safe in Libya.
…if the claims and allegations are true, it means the company, despite red flags, continued its lavish spending to win contracts from Libya’s Gadhafi regime.
In 2008, SNC-Lavalin played host to Saadi Gadhafi. The playboy son of the Libyan dictator spent three months in Canada, visiting Montreal, Toronto and Vancouver in a trip arranged by Ben Aïssa.
Outside auditors raised concerns about the bills totalling $1.9 million.
RCMP forensic accountants have since scoured 44,000 pages of company records. At the 2017 preliminary hearing for bribery charges against an SNC-Lavalin financial controller, Stéphane Roy, investigators testified that they uncovered bills for private security and hospitality that included:
$30,000 for escorts.
$180,000 for a stay at the Hyatt Regency in Toronto.
$193,501.81 for limousine rides.
Cash advances of up to $15,000.