Contrary to SNC’s claims, few rivals have been granted deferred prosecution agreements GlobeBusiness
Neil Bruce, president and CEO of SNC-Lavalin, is photographed at the company's office in downtown Toronto on March 20, 2019.It was a sunny Wednesday in March, and Neil Bruce was making his case forwhy SNC-Lavalin Group Inc. deserved a negotiated settlement over corruption charges tied to alleged dealings in Libya.
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 firm did not share how it arrived at the number. The U.K. has granted only four DPAs since legislation was passed in 2013, records from Fieldfisher law firm show.
While none of SNC-Lavalin’s 16 competitors appear to have received DPAs in the U.S. or U.K. in the past five years, a few of their subsidiaries have, and several rivals accepted deals prior to 2014. Aecon Group Inc.’s Tishman Construction Corp. accepted in 2015 a US$20.2-million DPA tied to an overbilling scheme. And SNC-Lavalin’s own WS Atkins, which it bought in 2017, acquired a subsidiary seven years earlier that reached a US$3.4-million DPA following allegations of bribing Qatari officials in 2009.
“The big thing that corporations are worried about is stigma. They don’t like the stigma of being considered a corporate criminal, because that affects their sales and their public reputation,” said Russell Mokhiber, a corporate crime journalist and author.
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