MONTREAL – SNC-Lavalin Group, the Canadian engineering multinational battling to restore its name amid allegations it was involved in bribery, has bought DBA Engineering to add to its materials and geotechnical expertise.
No purchase price was disclosed.
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Vaughan, Ont.-based DBA has about 100 employees and provides a full range of geo-environmental and civil engineering including an speciality in pavement. Its current clients include the Ontario Ministry of Transportation, the Greater Toronto Airports Authority and Wal-Mart Canada.
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Investigations by various authorities are ongoing into allegations of impropriety at SNC-Lavalin, company vice-chairman Ian Bourne said May 3 as he signalled there will be more fallout in the weeks ahead.
The Swiss government’s prosecution office and the RCMP are among the agencies probing the company over its former vice-president of construction, Riadh Ben Aissa, who is believed to still sit in a Swiss jail in connection with an investigation into corruption, fraud and money laundering in North Africa.
SNC conducted an internal review earlier this year into what happened to $56-million worth of unexplained payments to commercial agents, concluding that former chief executive Pierre Duhaime breached company policy in approving the payments. It was unable to determine what happened to the money, but maintains it is not related to its work in Libya. Veritas Investment Research says the payments were likely bribes.
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