SNC Lavalin Scandal

The SNC Lavalin scandal is financial scam related to the contracting of the Indian government with a Canadian company, SNC-Lavalin which resulted in an alleged net loss to the exchequer of 374.50 crore in the renovation and modernization works of the hydro electric power stations at Pallivasal (37.5 mW), Sengulam (48 mW) and Panniar (30 mW) - also known as PSP project in short - installed between 1940 and 1964 at Idukki district in Kerala state of India. Several politicians were involved and eventually charged, including former ministers G. Karthikeyan of Indian National Congress, Pinarayi Vijayan.the first Politburo member in the CPI(M) history to be prosecuted in a corruption case.

Read more about SNC Lavalin Scandal:  History

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