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Ex-SNC-Lavalin CEO Loses License, Hit with $75K Fine in Professional Misconduct Ruling

The disciplinary council of the Ordre des ingénieurs du Québec has announced a significant fine of $75,000 imposed on Jacques Lamarre, the former president and CEO of SNC-Lavalin.

Lamarre expressed his disappointment with the council’s decision in a statement released on Wednesday, indicating that he has chosen not to pursue an appeal.

This penalty comes in response to the council’s ruling last August, where Lamarre was found guilty of engaging in collusion and corruption during his tenure at the engineering firm from 2001 to 2009.

The council’s decision outlined Lamarre’s involvement in utilizing deceitful and dubious tactics, as well as his role in fostering a culture of corruption and collusion within the company.

Specifically highlighted in the ruling was a corruption scheme directed towards funneling millions of Canadian dollars to Saadi Gaddafi, the son of the late Libyan leader Muammar Gaddafi.

Further infractions included Lamarre’s facilitation of payments to secure contracts, such as the disbursement of around $2 million to the Gaddafi family, notably covering Saadi Gaddafi’s expenses during his visit to Canada in 2008.

Additionally, Lamarre was cited for neglecting to establish preventative measures against reimbursing political donations to employees, showcasing a lack of oversight in deterring such misconduct within the organization.

The disciplinary council justified the substantial fine as a fitting response to the gravity of Lamarre’s transgressions.