SNC’s Duhaime Charged With Fraud

The former CEO of  SNC-Lavalin has been arrested and charged in connection with a Cdn $1.3-billion DBFM hospital deal in Montreal. Pierre Duhaime was charged with fraud, conspiracy to commit fraud and using false documents in relation to the McGill University Health Centre.

SNC-Lavalin and British investor Innisfree financed the project in July 2010. John Laing/OHL was the only other team that bid the project, which involves four years of construction and 30-year maintenance of a new hospital to replace Montreal Children’s Hospital and Royal Victoria Hospital on a brownfield site at the university’s Glen Campus.

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About Bill Reinhardt

Editor of Public Works Financing newsletter
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