Export Development Canada is reviewing its decision to provide up to half a billion dollars worth of insurance in 2011 for an SNC-Lavalin contract
OTTAWA — in Angola after learning of an allegation the company may have won the bid with help from bribes.
The source told the CBC that issues related to technical fees — which could amount to millions of dollars for a given project — should have been detected by EDC as it evaluated SNC-Lavalin’s applications. On Wednesday, SNC-Lavalin spokeswoman Daniela Pizzuto declined to comment on the CBC report, except to say in an email that the allegation in the story “dates back to prior to 2012.”
“We made the decision to review the Angola matter immediately upon hearing about a new and serious allegation,” Jessica Draker wrote in an emailed statement.
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