So
there's nothing to worry about?
Minister
Jerome Kennedy has been assured by Ed Martin that all is okay on the
SNC-Lavalin front as it relates to Muskrat Falls contracts.
This
according to a story by CBC of April 30th.
It's one
thing to promote your own intellectual superiority to the people under
"normal" circumstances however this statement by Kennedy and through
Kennedy by Ed Martin is reckless and stupid.
The
Quebec Engineering Firm is the engineering, procurement and construction
manager contractor for Nalcor Energy and is taking applications from companies
to prequalify for things like building dams and a powerhouse.
What are
the allegations against SNC-Lavalin former employees?
How about
corrupting a public official, fraud and money laundering?
The
shareholders are very worried.
According to a Canadian Press story: Its share price has plummeted by 34 per cent, wiping
out $3.3-billion worth SNC-Lavalin’s market value as events claimed the
employment of three senior executives, including its former CEO.
Meanwhile
back here in Newfoundland and Labrador Minister Kennedy and Nalcor CEO Ed
Martin have it all under control – no need to worry here!
I do not
take any comfort from those hollow words of reassurance. They have no more
control over this mess than anybody else. It smells like Enron, it tastes like
the Mortgage scam, and looks like a duck.
And by
the way – what does SNC mean when they say they are the engineering,
procurement and construction manager for Nalcor? Do they mean just Muskrat
Falls – because the wording suggests otherwise.
What an
absolute mess the Dunderdale government and Nalcor executives have us in. Just
say no to them before it is too late.
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