"This settlement agreement demonstrates SNC-Lavalin's commitment to the highest standards of business ethics and is proof that companies can engage in a constructive dialogue and find effective means to reward remediation while allowing companies to move forward," stated Robert G. Card, President and CEO, SNC-Lavalin Group Inc. "Our cooperation with the AfDB clearly shows our efforts to become a global benchmark in ethics and compliance in our industry with a system designed to promote integrity through prevention, detection and remediation."