SNC-Lavalin, Holtec's partner in reactor decommissioning and high-level radioactive waste management, has pleaded guilty to fraud, will pay $280 million fine

SNC-Lavalin pleads guilty to fraud for past work in Libya, will pay $280M fine

Company will pay a $280M penalty over 5 years and be placed on probation

As reported by CBC:

https://www.cbc.ca/news/canada/montreal/snc-lavalin-trading-court-libya-charges-1.5400542

This is the Canadian company Holtec International has partnered with to do nuclear power plant decommissioning, and irradiated nuclear fuel management, in the U.S.

Learn more about the skeletons in both companies' closets:

http://www.beyondnuclear.org/decommissioning/2019/7/26/radioactive-and-other-skeletons-in-snc-lavalins-closet.html

http://www.beyondnuclear.org/centralized-storage/2019/7/25/radioactive-skeletons-in-holtec-internationals-closet.html

Update on December 19, 2019 by admin

The nuclear power industry's corruption IS a highlight of the year 2019's news. See below.

SNC-Lavalin is "the Bechtel of Canada." And wouldn't you know, among both SNC-Lavalin and Bechtel's nefarious deeds are their nuclear power divisions. Makes sense that the likes of Holtec International would partner up with SNC-Lavalin -- after all, Holtec's CEO, Krishna Singh, has engaged in serial bribery too. And then Singh lied about it on his NJ tax break application form, netting him $260 million in tax breaks, and now a major scandal, once ProPublica and WNYC outed the lie.

Jody Wilson-Raybould is Canadian Press newsmaker of the year for 2019

Former justice minister was the choice of news editors across the country

https://www.cbc.ca/news/politics/jody-wilson-raybould-newsmaker-1.5400649

Update on January 1, 2020 by admin

Corruption Case That Tarnished Trudeau Ends With SNC-Lavalin’s Guilty Plea

https://www.nytimes.com/2019/12/18/world/canada/snc-lavalin-guilty-trudeau.html

SNC-Lavalin is Holtec International's partner in nuclear power plant decommissioning and high-level radioactive waste management. Outrageously, NRC has rubberstamped both shutdown nuclear power plant takeovers that Holtec has proposed thus far (Oyster Creek, NJ; Pilgrim MA). Up next, Indian Point NY, Palisades & Big Rock Point MI, etc.

Former SNC-Lavalin executive Bebawi guilty on all charges in international corruption case

As reported by the Globe and Mail.

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.

No verdict after second day of deliberations in trial of Sami Bebawi, ex-SNC exec

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.

Bebawi's defence argues that millions in accounts were bonuses authorized by SNC bosses

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.

Ex-SNC-Lavalin executive on trial for fraud, corruption won’t present defence

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.