Bombardier says Russian worker charged with bribery doesn’t reflect its values
MONTREAL — Bombardier says the filing of formal criminal charges in Sweden on Friday against a railway employee doesn’t reflect its values.
“We take these allegations very seriously as they assert conduct that does not reflect our values or the high standards we set for ourselves, our employees and our partners,” the Montreal-based company (TSX:BBD.B) said in a statement.
Evgeny Pavlov was charged with aggravated bribery and faces up to six years in jail and deportation if found guilty.
Swedish prosecutor Thomas Forsberg says Pavlov bribed a public servant in Azerbaijan to win a 2013 contract to upgrade the rail signalling system with a contract value of around US$340 million.