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12-18-2019, 09:02 AM
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Join Date: Apr 2008
Posts: 614
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SNC Pleads Guilty
I'm actually surprised by this. I expected them to fight and fight and fight.
https://www.cbc.ca/news/canada/montr...rges-1.5400542
But then we see why they pleaded guilty...
"The Crown is recommending that five other fraud and corruption charges filed against SNC-Lavalin, SNC-Lavalin Construction, and SNC-Lavalin International be dropped."
A pretty sweet deal...
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12-18-2019, 09:10 AM
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Join Date: Aug 2007
Location: Calgary
Posts: 19,420
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I suggest the courts close SNC, have it auctioned off and send the proceeds to Alberta as the beginning of their equalization repayment.
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"The trouble with people idiot-proofing things, is the resulting evolution of the idiot." Me
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12-18-2019, 09:46 AM
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Join Date: Aug 2008
Location: Kitscoty,Alberta
Posts: 546
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Quote:
Originally Posted by CaberTosser
I suggest the courts close SNC, have it auctioned off and send the proceeds to Alberta as the beginning of their equalization repayment.
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Agreed
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12-18-2019, 10:22 AM
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Join Date: May 2010
Location: edmonton
Posts: 3,852
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they still have lots of friends in ottawa..
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12-18-2019, 10:24 AM
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Join Date: Aug 2007
Location: Calgary
Posts: 19,420
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Just imagine how busy the various members of SNC-Lavalin's bribe team have been recently?
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"The trouble with people idiot-proofing things, is the resulting evolution of the idiot." Me
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12-18-2019, 10:29 AM
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Join Date: Apr 2008
Posts: 614
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Does this now prohibit them from government contracts?
I half expected them to be contracted to work on the TMX....
Wouldn't that be an ironic kick in the teeth.
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12-18-2019, 11:21 AM
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Join Date: May 2014
Posts: 855
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They basically got their DPA. Plead guilty to one charge, pay a fine and all other charges are dropped. What a load of shat. I wonder how much they bribed the crown prosecutor.
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12-18-2019, 11:23 AM
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Join Date: Jun 2008
Posts: 10,192
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Quote:
Originally Posted by ghfalls
They basically got their DPA. Plead guilty to one charge, pay a fine and all other charges are dropped. What a load of shat. I wonder how much they bribed the crown prosecutor.
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yep
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12-18-2019, 11:32 AM
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Join Date: Apr 2012
Location: Edmonton
Posts: 8,339
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Quote:
Originally Posted by CaberTosser
I suggest the courts close SNC, have it auctioned off and send the proceeds to Alberta as the beginning of their equalization repayment.
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That's a hell of a good idea. Lets start a petition.
BW
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12-18-2019, 11:56 AM
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Join Date: May 2010
Location: edmonton
Posts: 3,852
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stock pop 20% after settlement
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12-19-2019, 08:17 AM
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Join Date: Apr 2009
Location: Alberta for the most part
Posts: 2,811
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Just a question, who receives the 280 million that they need to pay.
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12-19-2019, 08:33 AM
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Join Date: Apr 2009
Location: calgary
Posts: 1,535
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Quote:
Originally Posted by nimrod
Just a question, who receives the 280 million that they need to pay.
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All things equal, it will probably take a trip around the block, get laundered two or three times and right in the back door of SNC office.  
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12-19-2019, 08:40 AM
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Join Date: Apr 2015
Location: Lloydminster
Posts: 4,522
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Quote:
Originally Posted by nimrod
Just a question, who receives the 280 million that they need to pay.
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Well my guess would be about 1/2 of it will somehow make it's way into the sparkle socks sock or trust fund as they call it, the rest probably make its way back to Saudi to pay off bribes or as they like to call them " consultant fee's "
__________________
The problem we have today is that the people who work for a living are outnumbered by the people who vote for a living.
We were all born ignorant but one must work very hard to remain that way.
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12-19-2019, 10:51 AM
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Join Date: May 2007
Location: Rocky Mountain House
Posts: 1,401
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Quote:
Originally Posted by ghfalls
They basically got their DPA. Plead guilty to one charge, pay a fine and all other charges are dropped. What a load of shat. I wonder how much they bribed the crown prosecutor.
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I don't imagine they paid anything at all. I am sure the government rigged it (like everything else) so SNC pleads guilty and gets no punishment. That way the case does not go to court where a lot of underhand government dealings would come to light.
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Burglar: Aren't you going to call the cops?
Farmer: Why? Nobody knows you're here
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12-19-2019, 06:42 PM
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Join Date: Oct 2009
Posts: 1,241
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Next government contract will have a 280 million bonus attached.
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