More bad press for the old engineering firm... A number of major engineering firms — including global giant SNC-Lavalin — participated in a collusion scheme to raise the price of construction projects in Quebec, the head of one company testified Thursday at a provincial inquiry.
The incendiary testimony of Michel Lalonde suggested that big, even publicly traded, engineering firms were complicit in the cartel-like practices previously ascribed to lower-level construction companies in that province.
The president of Genius Conseil Inc. said the group of companies selected him as a go-between with Montreal city officials, and he pointed at firms of varying sizes as participants in the system including: Montreal-based SNC-Lavalin (TSX:SNC), Dessau, CIMA, Genivar (TSX:GNV), Tecsult, SM, BPR and Roche.
https://www.huffingtonpost.ca/2013/01/25/snc-lavalin-quebec-corruption-inquiry_n_2550144.html