Impasse Over Corruption Charges Costs SNC $3.7 Billion, CEO Says

Money bills sticking out of wallet

Clients shunning Quebec engineering group as case drags on.

January 8, 2019
Frederic Tomesco - Bloomberg

Canada’s failure to reach a negotiated settlement with SNC-Lavalin Group Inc. over past corruption charges has probably cost the company more than C$5 billion ($3.7 billion) in lost revenue and continues to damage its reputation internationally, Chief Executive Officer Neil Bruce said.



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