A PYMNTS Company

Canada: Big admission in Quebec bid-rigging case

By  |  January 24, 2013

In the midst of a long-running scandal in Quebec, the Charbonneau Commission heard testimony on Wednesday from the president of an engineering firm for the city who gave a full admission to a “well-organized system of bid-rigging” over City of Montreal contracts. The admission was made by Michel Lalonde, president of Genius; according to Lalonde, the bid-rigging system worked so that companies bidding on those contracts paid a 3 percent kickback to Union party leader Gerald Tremblay. The admission also included claims that engineering companies and contractors often overpriced their city contracts by 30 percent, afterwards splitting the extra profit.

    Get the Full Story

    Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required.

    yesSubscribe to our daily newsletter, PYMNTS Today.

    By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions.

     

    Full Content: CTV News

    Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.