SNC-Lavalin reports that information is being made public relating to the
search warrant on its premises in April 2012
MONTREAL, Jan. 25, 2013 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) reports that,
following a request for information to the Cour du Québec, the Court has made
public substantial parts of the RCMP's affidavit used to obtain the warrant to
search the Company's premises in April 2012. The Globe and Mail, La Presse and
National Post have filed this request in order to see information that until
now has been confidential and in the hands of the authorities only.
This is the first time that SNC-Lavalin has seen the actual affidavit. While
the affidavit contains much of the information that the Company and its
counsel voluntarily provided to authorities in March 2012, it also contains
some information of which we were not previously aware. We cannot determine
the veracity of certain allegations in the affidavit. Affidavits
containunproven informationand allegations gathered by authorities in the
context of an investigation thatare submitted toa judgein order to
obtain a search warrant.
We are eager for this situation to be resolved in the courts and will continue
to do everything in our power to assist the authorities to get to the bottom
of these issues as rapidly as possible. The affidavit is being closely
reviewed to determine what course of action SNC-Lavalin may take as
consequence. Should the allegations relating to any of the individuals in the
affidavit be proven, we plan to act swiftly and resolutely to address any
damages that may have been caused to the Company and its interests. Because we
are unequivocal in our desire to support the work of the authorities, we will
not comment or speculate on the information contained in the affidavit in an
effort not to compromise the enquiries underway.
SNC-Lavalin's commitment to ethical behavior and the highest standards in
governance, compliance and accountability is unwavering. We continue to
improve and strengthen our processes throughout the Company. More information
about how positive change is being implemented throughout the organization is
available at www.snclavalin.com/followus.
SNC-Lavalin is one of the leading engineering and construction groups in the
world and a major player in the ownership of infrastructure, and in the
provision of operations and maintenance services. Founded in 1911, SNC-Lavalin
has offices across Canada and in over 40 other countries around the world, and
is currently working in some 100 countries. www.snclavalin.com.
Media: Leslie Quinton Senior Vice-President, Global Corporate Communications
SNC-Lavalin Group Inc. 514-390-8000, ext. 7354 email@example.com
Investors: Denis Jasmin Vice-President, Investor Relations SNC-Lavalin Group
Inc. 514-390-8000, ext. 7553 firstname.lastname@example.org
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-0- Jan/25/2013 18:37 GMT
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