Friday, August 22nd14.2°C
22568

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

23015


Recent Trending




Today's Market
S&P TSX15535.55-19.71
S&P CDNX1005.583.38
DJIA17001.22-38.27
Nasdaq4538.551+6.446
S&P 5001988.40-3.97
CDN Dollar0.9137-0.0003
Gold1279.90+6.2001
Oil96.30+1.82
Lumber352.80-2.80
Natural Gas3.88-0.009

 
Okanagan Companies
Pacific Safety0.18-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.20-0.01
Cantex0.065-0.005
Anavex Life Sciences0.265+0.005
Metalex Ventures0.08+0.005
Russel Metals36.78-0.81
Copper Mountain Mining2.99+0.11
Colorado Resources0.17-0.015
ReliaBrand Inc0.115+0.02
Sunrise Resources Ltd0.025-0.005
Mission Ready Services0.26+0.045

 



22625

FEATURED Property
18747441200 Rancher Ck. Rd
1 bedrooms 1 baths
$205,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


What is a journey without a destination?

Photo: ContributedI would call it a joy ride... You see a planned project or business has a destination. It may be an ongoing revenue stream, it may be a business value or an exit strategy. If you don...


Joint accounts: what you need to know!

Establishing a joint account may seem like a great strategy at first glance. However, there are many factors that must be considered before taking this action. This article will explore the use of &ls...


Cost of an Injury Lawyer

Let’s face it; nobody wants to pay for legal services if they do not have to, but if you have been injured in an accident you may have thought about hiring a lawyer to help you navigate your cla...

_



22854

22854


Member of BC Press Council


22097