Hockey Game and decades.snc-Lavalin President

neil: And we've had enough, chief executive Neil Bruce said Friday after slashing the company's dividend and reporting its biggest quarterly losses in at least two decades.SNC-Lavalin president and CEO Neil Bruce said he's tired of seeing his employees used as a puck in a political hockey game.' Paul Chiasson / THE CANADIAN PRESS The beleaguered engineering and construction giant has been in the eye of a firestorm that erupted earlier this month when The Globe and Mail reported the Prime Minister's Office pressured former attorney general Jody Wilson-Raybould to steer prosecutors toward negotiations with the company, according to The Toronto Star. The company was looking to negotiate a deferred prosecution agreement in connection with fraud and bribery charges linked to business dealings with Moammar Gadhafi's now-toppled regime in Libya. Frankly, they don't deserve it. Bruce said he wasn't holding out much hope for a remediation agreement, which would allow SNC-Lavalin to avoid a criminal trial in exchange for fines and other penalties. But frankly, it doesn't look like that today. Article Continued Below That's certainly at their discretion, he said. (news.financializer.com). As reported in the news.

The content, information, trademarks and multimedia posted on this blog copyrights to their original owners and herein blogged in good faith for the purpose of commentary, speech, opinion and debate.

financializer news

A weblog highlighting financial topics making news in the international media.