SNC-Lavalin reports that information is being made public relating
to the search warrant on its premises in April 2012
MONTREAL, Jan. 25, 2013 /CNW Telbec/ - SNC-Lavalin (TSX:
SNC) reports that, following a request for information to the Cour
du Québec, the Court has made public substantial parts of the
RCMP's affidavit used to obtain the warrant to search the Company's
premises in April 2012. The Globe and
Mail, La Presse and National Post have filed this request in order
to see information that until now has been confidential and in the
hands of the authorities only.
This is the first time that SNC-Lavalin has seen the actual
affidavit. While the affidavit contains much of the information
that the Company and its counsel voluntarily provided to
authorities in March 2012, it also
contains some information of which we were not previously
aware. We cannot determine the veracity of certain
allegations in the affidavit. Affidavits contain unproven
information and allegations gathered by authorities in the
context of an investigation that are submitted to a
judge in order to obtain a search warrant.
We are eager for this situation to be resolved in the courts and
will continue to do everything in our power to assist the
authorities to get to the bottom of these issues as rapidly as
possible. The affidavit is being closely reviewed to determine what
course of action SNC-Lavalin may take as consequence. Should the
allegations relating to any of the individuals in the affidavit be
proven, we plan to act swiftly and resolutely to address any
damages that may have been caused to the Company and its interests.
Because we are unequivocal in our desire to support the work of the
authorities, we will not comment or speculate on the information
contained in the affidavit in an effort not to compromise the
enquiries underway.
SNC-Lavalin's commitment to ethical behavior and the highest
standards in governance, compliance and accountability is
unwavering. We continue to improve and strengthen our processes
throughout the Company. More information about how positive change
is being implemented throughout the organization is available at
www.snclavalin.com/followus.
SNC-Lavalin is one of the leading engineering and construction
groups in the world and a major player in the ownership of
infrastructure, and in the provision of operations and maintenance
services. Founded in 1911, SNC-Lavalin has offices across
Canada and in over 40 other
countries around the world, and is currently working in some 100
countries.
www.snclavalin.com.
SOURCE SNC-LAVALIN