The shipbuilder awarded $92 million to construct Toronto’s two new electric ferries will soon face trial overseas on corruption charges and sanctions violations, a legal threat experts say could imperil the company.
The Netherlands Public Prosecution Service announced in April that it was prosecuting Damen, a major international shipbuilder headquartered in the Netherlands, for bribery, forgery and money-laundering. The service also said it was investigating the company for violating Russian sanctions.
I bet these will work great mid-winter.
