Monday, November 25, 2019

SNC-LAVALIN'S KICKBACKS EXPOSED IN COURT

  A former SNC-Lavalin vice-president says then-CEO Jacques Lamarre was involved in the firm’s decision to sign a controversial commercial agent contract in Libya.
  The Crown contends that the “agent” in question in the contract was a shell company, Duvel Securities Inc., set up by former executive Riadh Ben Aissa in order to pay bonuses and kickbacks.
   The jurors have been told the eventual claim settlement led to Duvel being paid $25 million Deutsche Mark, an amount the Crown argues was then divided between Ben Aissa, Bebawi and Saadi Gadhafi, son of Libyan dictator Moammar Gadhafi.


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