Following the publication of articles by CBC/Radio-Canada and the Toronto Star, SNC-Lavalin would like to make certain clarifications.
Today, in 2016, it is impossible for us to determine who is/was the owner(s) of Cadber Investments, the intention of the people who signed one or more agreements with Cadber, or the intention of Cadber itself. SNC-Lavalin has had no contact with Cadber Investments for over a decade.
The former SNC-Lavalin executives who may have been linked to the system Radio-Canada/Toronto Star are referring to, which dates back some 15 years ago, are no longer employed by the company.
We can also assert that SNC-Lavalin has not used any commercial agents in Algeria since 2013. The company’s current administration does not consider it normal practice to sign agreements with figureheads. SNC-Lavalin vehemently and roundly condemns this type of practice.
We discovered, after 2012, that commercial agents to whom we had been introduced by former executives now facing criminal charges worked for companies that in fact belonged to those former executives. http://affaires.lapresse.ca/dossiers/litiges-economiques/201504/09/01-4859405-snc-poursuit-bebawi-et-ben-aissa.php
For example, further to a ruling by a Swiss court, Riadh Ben Aïssa was ordered to reimburse SNC-Lavalin the sum of C$16 million, an amount he had embezzled from us. http://business.financialpost.com/legal-post/inside-the-clandestine-world-of-snc-lavalins-fallen-star-riadh-ben-aissa
In 2013, we introduced a Business Partner Policy (i.e., a policy establishing the general principles and procedures prior to reaching an agreement with any business partner that will act on SNC-Lavalin’s behalf) precisely in order to prevent this type of practice.
We are confident that, in the past few years, we have instituted a first-rate ethics and compliance program that now ensures SNC-Lavalin is exercising its activities around the world in compliance with local and international legislation. http://www.snclavalin.com/en/ethics-compliance/ethics-compliance-faq.aspx.