Tuesday, September 30th15.6°C
22738
22455

Former SNC head charged with fraud

Pierre Duhaime, the former chief executive of Canada's biggest engineering firm, has been granted more flexibility to travel within the country pending trial on fraud charges.

Duhaime, a prominent Quebec businessman and once the head of engineering powerhouse SNC-Lavalin (TSX:SNC), was formally charged with fraud on Monday.

He was not in the courtroom as his lawyer, Michel Massicotte, pleaded not guilty on his behalf.

A change was made to conditions surrounding Duhaime's release. Initially, he was forbidden from leaving Quebec. The Crown has now agreed he can travel elsewhere in Canada, but not go beyond its borders.

"We asked that his conditions permit him to go across Canada for purposes of work, to give him better opportunities and it was considered to be a reasonable alternative," Massicotte said outside the courtroom.

Duhaime faces charges of fraud, conspiracy to commit fraud and issuing false documents.

Massicotte says Duhaime is currently not working.

The next date in the case has been set for May 23 when Massicotte is expected to receive more evidence.

Duhaime and another former top executive, Riadh Ben Aissa, face charges stemming from a contract involving the building of the multibillion-dollar McGill University Health Centre.

The Canadian Press


Read more Business News

23561


Recent Trending




Today's Market
S&P TSX14960.51-16.41
S&P CDNX909.29-3.47
DJIA17042.90-28.32
Nasdaq4493.39-12.462
S&P 5001972.29-5.51
CDN Dollar0.8923-0.0007
Gold1208.50-3.10
Oil90.02+0.26
Lumber333.00+0.10
Natural Gas4.126+0.005

 
Okanagan Companies
Pacific Safety0.13-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.26+0.03
Cantex0.065-0.025
Anavex Life Sciences0.184-0.001
Metalex Ventures0.0550.00
Russel Metals34.57+0.08
Copper Mountain Mining2.42-0.10
Colorado Resources0.165+0.015
ReliaBrand Inc0.019-0.001
Sunrise Resources Ltd0.065+0.045
Mission Ready Services0.32-0.02

 



23481

FEATURED Property
1983974516 Caramillo Court
4 bedrooms 3 baths
$889,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Power-save your way to a down payment

Part 2 of 2 to read Part 1, click here. 5. Dial down your vacations. New York is out. Maybe Buffalo. For West coast, maybe Seattle instead of Hawaii. Use sites like Airbnb (aribnb.ca) to find ch...


A wildly successful manufacturer

Niche food producer “Sweets from the Earth” thrives using innovation, uniqueness and an unwavering focus on quality. A neighbour’s stew turned Ilana Kadonoff off meat at the age of s...


Finding the smart money

Recently I had the privilege of working alongside André Voskuil, a local guru in the world of Alternative Financing. André has quite the reputation in the world of direct investments as ...

_








Member of BC Press Council


22620