SNC Lavalin (symbol SNC)

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Gold Ring
Gold Ring
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Joined: 03 Nov 2008 09:59

Re: SNC Lavalin (symbol SNC)

Post by Descartes » 25 Aug 2017 12:14

Former federal bridge president jailed for accepting bribes from SNC-Lavalin
Michel Fournier admitted to taking more than $2.3 million from the engineering company, which deposited the funds in a series of Swiss bank accounts ..
Court documents stated Fournier lost a significant amount of the money in the stock market.
The government was only able to confiscate $775,000.
"A dividend is a dictate of management. A capital gain is a whim of the market."

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