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 contain unproven information and allegations
gathered by authorities in the context of an investigation that are
submitted to a judge in 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.