Charbonneau testimony leads company to suspend employee
Michel Lalonde's revelations at the Charbonneau Commission has led to the suspension of an employee at the Genivar engineering firm.
Published Monday, February 11, 2013 10:46AM EST
Last Updated Monday, February 11, 2013 11:33AM EST
Genivar, a Montreal-based engineering firm, has suspended an employee following an internal investigation.
The company would not reveal the name of the employee or even whether that employee would be paid while away from work.
The suspension was the result of an internal investigation conducted after Genius Conseil President Michel Lalonde detailed a longstanding system of entrenched collusion in testimony before the Charbonneau Commission.
The companies divided contracts among themselves and all contributed heavily to political parties, often in cash between 2004 and 2009, according to Lalonde.
In a statement, Genivar (TSX:GNV) says it has new information that confirms allegations made by a witness at the Charbonneau commission.
The firm established a special committee of the board last September to review any allegations of illegal conduct, including those made at the commission.
It says the review process is ongoing and no "definitive conclusion can yet be drawn."
Executive chairman Christopher Cole says in a news release that Genivar doesn't tolerate any improper business practices and is committed to ethical business conduct.
-With a file from The Canadian Press