BREAKING NEWS

Canadian company suspected of bribing Gaddafi's son

A son of deposed Libyan leader Muammar Gaddafi allegedly received 120 million euros ($162 million) in bribes for giving major contracts in Libya to SNC-Lavalin Inc , Canada's biggest engineering and construction company, a police document said on Friday.
According to an affidavit the Royal Canadian Mounted Police used to obtain a search warrant at SNC's head office last April, the bribes were paid, in a roundabout way, to Saadi Gaddafi by Riadh Ben Aissa, a vice-president at Montreal-based SNC at the time."It is alleged that this money (120 million euros) was paid him as a reward for influencing the awarding of major contracts to SNC-Lavalin Intl," RCMP officer Brenda Makad said in the affidavit. The document did not make clear when the alleged bribes occurred.
The 59-page RCMP statement, redacted in part, was released by the courts at the request of three Canadian newspapers, the Globe and Mail, the National Post and La Presse.
In an allegation based on information from Swiss anti-corruption investigators, Makad said SNC-Lavalin paid the money to offshore companies belonging to Ben Aissa, and the money was then transferred to offshore companies controlled by Saadi Gaddafi. Some money was used to buy yachts for the son of the slain dictator, the RCMP statement alleged.
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