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Friday
Jan102020

Former SNC-Lavalin executive Sami Bebawi sentenced to 8½ years in prison for fraud, corruption

As reported by the Canadian Press.

Canadian firm SNC-Lavalin has partnered with U.S.-based Holtec International to form the consortium Comprehensive Decommissioning International.

Holtec itself also has bribery conviction, and additional bribery allegation, skeletons in its closet.

Despite this, Holtec has already secured the U.S. Nuclear Regulatory Commission's rubber-stamp, to take ownership of the shutdown atomic reactors at Oyster Creek, New Jersey and Pilgrim, Massachusetts, for decommissioning and high-level radioactive waste management.

Holtec is also scheming to take over the Indian Point, New York reactors, as well as Palisades, Michigan, once those nuclear power plants shut down in the years ahead (Big Rock Point, an already decommissioned but still contaminated site also in Michigan, along with its irradiated nuclear fuel, would be lumped in the deal along with Palisades).

Holtec has also applied for a construction and operating permit to the Nuclear Regulatory Commission, to transport 173,600 metric tons of commercial irradiated nuclear fuel to New Mexico for so-called consolidated interim storage.