SNC-Lavalin charged with foreign corruption offences
Canadian engineering and construction giant SNC-Lavalin has been charged by the RCMP with paying bribes of nearly $48 million to Libyan government officials and defrauding Libya of nearly $130 million. SNC-Lavalin said it would “vigorously defend itself” against charges it says are “without merit”. It noted that the alleged conduct was committed by employees who left the company long ago. If convicted, SNC-Lavalin faces massive fines as well as a ten year ban on doing business with the federal government. The RCMP charged SNC-Lavalin with one count of bribing a foreign public official under provisions of the Corruption of Foreign Public ... [more] Full article
Canadian businessman extradited to US on fraud and bid rigging charges
Canadian businessman John Bennett appeared in a US court last week after his extradition to the US to face bid-rigging, fraud, conspiracy, and kick-back charges. The charges stem from a ... [more] Full article
Deterrence main objective behind three year corruption sentence
Deterrence and denunciation of bribery of foreign public officials were at the fore as a judge sentenced Ottawa businessman Nazir Karigar to three years in jail for agreeing to offer ... [more] Full article
Canada’s Foreign Anti-Bribery Law
Canada’s foreign anti-bribery law, the Corruption of Foreign Public Officials Act (CFPOA), makes it a serious criminal offence for Canadians and Canadian companies to bribe foreign government officials. Canadian companies that operate abroad and foreign companies that employ Canadians need to be aware of this law. [more] Full article
