Canadian Engineering Giant and Canada Line Operator SNC-Lavalin Raided by RCMP in Corruption Case

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Read this report from The Wall Street Journal on the RCMP’s raid of the Toronto offices of Canadian engineering giant SNC-Lavalin in connection with bribery charges regarding a bridge building project in Bangladesh.

“A World Bank spokesman said RCMP executed search warrants in ‘several
locations’ following a referral by the Bank’s anti-graft unit, which is
investigating allegations of corruption in the bidding processes for
the Padma Bridge Project in Bangladesh. The World Bank signed a deal in April to lend $1.2 billion to
Bangladesh to build the four-mile bridge over the river Padma. The
bridge will link Bangladesh’s underdeveloped south with the capital,
Dhaka, and the country’s main port, Chittagong. Once completed, it would
be the largest bridge in the country.” (Sept 2, 2011)

http://blogs.wsj.com/corruption-currents/2011/09/02/mounties-raid-snc-lavalin-in-corruption-probe/

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