Real corruption or just Russian Bullying?

The Globe and Mail reports thatRussian police have raided the Moscow offices of a Bombardier Inc. joint venture as part of an investigation into the Montreal-based DcBqEzTVMAAXL_ctransportation giant’s business relationships in the country, according to documents and video footage reviewed by The Globe and Mail … [and] … The searches were conducted as part of a criminal probe into allegations of “corruption during procurement of railway equipment,” according to legal documents. The general-director of the Bombardier-controlled company has received at least five police summons since the probe began in the fall, documents from Russia’s Interior Ministry and the office of the Moscow region’s Transport Prosecutor show.

Two factors might be considered:

Is it one or the other or, more likely, a bit of both?

Russian bullying is, I suspect, part of the issue … likely a fairly big part, but Bombardier has acquired something of a “too big to fail” status in Canada. It is, in every, respect, a major, valuable corporation and something of a ‘jewel in the crown‘ of Transportation-Giant-Bombardier-Wants-to-Make-Morocco-Its-African-HubCanadian, not just Québec industry. But Bombardier, like some other Québec companies, has been too closely aligned with corrupt business practices and even if the Russians are just on a legal fishing trip there may be something there, and that something can damage Canada’s reputation in the world and it can damage Prime Minister Trudeau, too, who doesn’t need any more bad news right now. Both the Liberal Party and Justin Trudeau are closely identified with Bombardier ~ real legal and ethical problems will tarnish both brands.

images (1)Too many Canadians remain unhappy with what many perceived to be the undue political influence that people like the late Paul Demarais and his giant Power Corporation and Bernard Lamarre of SNC Lavelin, seemed to have with successive Conservative and Liberal governments … now Bombardier seems to have taken their place and many perceive them as having too much “pull” at the cabinet table. Perception doesn’t need to be grounded in the truth … it just needs to be believable.

 

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s