TORONTO, Oct 1 (Reuters) - Canada's SNC-Lavalin Group Inc
SNC.TO has settled with the African Development Bank Group
after allegations that former employees had ordered illicit
payments to secure contracts for projects in Uganda and
Mozambique, the bank said on Thursday.
One of the engineering and construction firm's subsidiaries,
SNC-Lavalin International Inc, will pay C$1.5 million towards
anti-corruption programs as part of the settlement, the banking
group said in a statement.
The company will not be barred from bidding on the bank's
projects if it continues to cooperate with the bank's
anti-corruption department and with a review of its compliance
program by the bank.
SNC confirmed the settlement in a separate statement.