Few SNC-Lavalin rivals have been granted DPAs, contrary to CEO’s claims - News Summed Up

Few SNC-Lavalin rivals have been granted DPAs, contrary to CEO’s claims


Only a handful of SNC-Lavalin Group Inc.’s rivals have received deferred prosecution agreements in the past five years, a Canadian Press analysis reveals. When pressed for details on this claim — made to at least one other news outlet — SNC-Lavalin told The Canadian Press it does not have a comprehensive list of competitors who have entered into DPAs. The U.K. has granted only four DPAs since legislation was passed in 2013, records from Fieldfisher law firm show. “Most of the activity in DPAs is extremely recent,” said Jennifer Quaid, a criminal law professor at the University of Ottawa. “SNC-Lavalin did internal research on the topic and calculated that about 75 per cent of its rivals have concluded DPAs in their host countries,” spokesman Nicolas Ryan said in an email.


Source: thestar April 11, 2019 17:03 UTC



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