he World Bank Group on Apr. 17 announced the debarment of SNC-Lavalin Inc. and 100 affiliates for 10 years following a bribery investigation in relation to the Padma Multipurpose Bridge Project in Bangladesh, as well as a Rural Electrification and Transmission project in Cambodia.
Montreal-based SNC-Lavalin Inc. is a subsidiary of SNC-Lavalin Group and represents more than 60% of its business. This debarment is the longest ever agreed to in a World Bank settlement and followed an investigation by the Royal Canadian Mounted Police.
“This case is testimony to collective action against global corruption,” said Leonard McCarthy, World Bank Integrity Vice President.