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Bullboard - Stock Discussion Forum Atkinsrealis Group Inc T.ATRL

Alternate Symbol(s):  SNCAF

Atkinsrealis Group Inc., formerly SNC-Lavalin Group Inc., is a professional services, and project management company. It delivers end-to-end services across the whole life cycle of an asset including consulting, and advisory and environmental services. Its segments include Engineering Services; Nuclear; O&M; Linxon; LSTK Projects, and Capital. The Engineering Services segment includes... see more

TSX:ATRL - Post Discussion

Atkinsrealis Group Inc > RCMP investigation on SNC (AGRAFE 2)
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Post by pierre55 on Jan 24, 2021 10:57pm

RCMP investigation on SNC (AGRAFE 2)

Hi ROOKIE,

As per your demand, I have emailed Vicent Larouche from LAPRESSE concering the RCMP investigation of SNC's involvement in bribes made for the contract to refurbish the Jacques-Cartier bridge (here in Montreal) early 2000.

From my understanging, this is still an ongoing investigation. No decision has been made by Quebec prosecutors as to lay criminal charges against SNC.

If new charges were layed in Quebec, these would be distinct from the prior settlement with the federal governement.

I sure hope Quebec decides not to pursue this, as the last thing we need right now is another long period of public SNC bashing!

I will keep you posted.

Regards.
Comment by Rookie2021 on Jan 25, 2021 9:02am
Merci Pierre! I hope this fades to nothing for everyones sake but you never know. This happened a while back under previous management but unfortunately the SNC name will be dragged through the mud again which will not help as you mentioned. SNC already stated in Q3 that Q4 was going to be a challenge in some divisions so lets hope for the best. Regards, Rookie