The Inside Story on AltaLink’s Parent Company – SNC-Lavalin

RETA has been reporting on the international corruption probe into alleged bribery, fraud and money laundering by SNC-Lavalin, which owns 100% of AltaLink. Quebec-based SNC-Lavalin and AltaLink, together with other companies including EPCOR, are building new high voltage power lines in Alberta that legislation passed by the Alberta P.C. Government in 2009 says must be built (e.g., Heartland Transmission Project and Western Alberta Transmission Line). Refer to Making Money by Making Friends for a description of the close relationship between SNC-Lavalin/AltaLink and the Alberta P.C. Party.

To add to the widespread media coverage of the SNC-Lavalin corruption probe, The Globe and Mail has just released an in-depth story titled, “SNC-Lavalin’s Gadhafi Disaster: The Inside Story”, which appears in its entirety at this link. It is impossible to provide an adequate summary of this investigative journalism, and we encourage our readers to read the complete story. Just a few quotes from the beginning of this story may get you interested:

“When gunmen breached the gates surrounding Guest Palace 12 in Tripoli, they discovered a kind of yard unrecognizable to most Libyans: a lawn so green and lush and manicured that it might have been a little golf course.”

“Everywhere they looked, there was not a soul left among the staff of the Tripoli offices of SNC-Lavalin, the Canadian engineering giant. Perhaps the intruders knew the company was building an institution that Gadhafi had intended for their ilk – a prison.”

“Many of the memos and letters trampled under the rebels’ boots bore the signature of Riadh Ben Aissa, a jet-setting SNC executive who turned this despotic desert nation into his crowning achievement. For SNC, Libya was the castle that Ben Aissa built – and now the barbarians were past the gate.”

~ by RETA on September 27, 2012.

 
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