SNC-Lavalin’s man in Libya and his ties to Gadhafi’s son

 

As Gadhafi renounced terrorism in the late 90’s, sanctions fell, thus many companies wanted to get involved with Libya.  Aissa worked at SNC, an engineering firm, and wanted to generate more business opportunities. Within a few years, Aissa eventually signed multiple contracts that were worth a total of $1 billion in Libya. Many people question how SNC obtained most of the contracts when there were many companies interested? The answer is bribery.

After investigating Aissi’s actions during the last few years, $56 million in mysterious payments were uncovered. A number of payments were made to Gadhafi’s son, Saadi. As Saadi’s security guard states and proves, “When Saadi needed money, Aissa was the one I spoke to” (Smith, Waldie 2). These payments went as high as $100,000 he also added. Thus Aissa’s actions were unethical and against the code of ethics as he was paying off Saadi for the business opportunities received.  Aissa benefited from his actions because he received recognition from the entire company, as he was promoted to vice-president in 2007, earning $1.74-million in 2010. Bribery continues to be a big problem throughout the world as companies are suffering and are pressured to do well. Through this pressure, companies are ignoring their ethics by doing whatever they can to get ahead.

 

~ http://www.theglobeandmail.com/news/world/snc-lavalins-man-in-libya-and-his-ties-to-gadhafis-son/article4202839/

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