SNC-Lavalin warns that bribery probe could shut company


Issue 288 - 10 Nov 2014 | 2 minute read

SNC-Lavalin Group chief executive Robert Card has warned that any move by the authorities to charge the Canadian engineering company in connection with an extensive bribery scandal would immediately threaten its future and could force it to close. Card told The Globe and Mail he would be “deeply concerned” if the company was charged because it would hurt the business severely. “If the company can’t do business, you really only have two choices. You are going to do some dismemberment and cease to exist entirely, or you are going to be owned by somebody else,” he said.

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