SNC-Lavalin clarifies CEO’s statement that risk of job losses was never used in push for remediation agreement

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SNC-Lavalin clarifies CEO’s statement that risk of job losses was never used in push for remediation agreement
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‘The company made it very clear … that the implementation of a remediation agreement was the best way to protect and grow Canadian SNC-Lavalin jobs’

MONTREAL — SNC-Lavalin Group Inc. is walking back a statement by its CEO, who said last week he never cited the protection of 9,000 Canadian jobs as a reason the construction giant should be granted a remediation agreement.

The charges stem from allegations the engineering firm paid millions of dollars in bribes to win government business in Libya between 2001 and 2011. “If the remediation agreement is not available to SNC-Lavalin, the company will continue to vigorously pursue a path that allows it to move forward and defend its innocent employees to the fullest as it moves forward through the Canadian court system.”

Earlier Monday, Chile’s state-owned copper mining company said it has terminated its contract with SNC-Lavalin, accusing the construction giant of breaching its obligations. Codelco said SNC-Lavalin failed to live up to its commitments under a US$260-million contract attached to one of the world’s largest open pit copper mine, citing quality issues and delays in subcontractor payments and project execution.

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