SNC-Lavalin insider’s bribery allegations spark probe by Crown agency that loaned the firm billions
Export Development Canada has hired outside legal counsel to review some of its dealings with SNC-Lavalin. The review comes after a company insider told CBC News the engineering giant secured billions in loans from the Crown agency over the years, some of which he alleges was intended to pay bribes.
If true, it could mean taxpayers have unwittingly backed illegal payments.
Export Development Canada is a federal agency that provides financing and insurance to Canadian businesses operating abroad.