Tuesday 30th April 2019
Following the publication of the article “Names of SNC employees, executives behind thousands of dollars in illegal Liberal Party donations revealed” by CBC, SNC-Lavalin would like to state the following:
- SNC-Lavalin would like to reiterate that it reached an agreement with Commissioner of Canada Elections on September 8, 2016, pertaining to contributions made to federal political entities between 2004 and 2011
- The Commissioner emphasized the level of cooperation offered by SNC-Lavalin
- The Commissioner recognized SNC-Lavalin's commitment to ethics and compliance
- The Commissioner of Canada Elections also announced in a press release on May 17, 2018 that its investigation into SNC-Lavalin Group Inc. was concluded.
Since 2012, SNC–Lavalin has developed and built a world–class ethics and compliance framework. This has been embodied to the extent that “integrity” has become one of the company‘s core values, and the integrity function within SNC–Lavalin has a remit beyond traditional ethics and compliance. The company has co–operated fully with regulatory and government authorities. The company has tirelessly worked toward a world-class ethics and compliance culture through numerous means, including:
- Changed leadership at Board and Management levels with an enhanced culture of integrity
- Established a world–class ethics & compliance framework
- Signed an administrative agreement concerning ethics and compliance with Public Services and Government Services Canada to continue our eligibility to provide services to the government of Canada
- Reached settlement agreements with the World Bank and the African Development Bank
- Reached an agreement with the Commissioner of Canada Elections
- Concluded in 2016 an agreement between engineers and ex–engineers of SNC–Lavalin and the syndic‘s Office of the Ordre des ingénieurs du Québec following investigations about political contributions
- Reached a fair and final settlement with Quebec‘s voluntary reimbursement program
- Autorité des marchés financiers (AMF) certification renewed
- Settled class actions in Quebec and Ontario filed in 2012 on behalf of security holders