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Inside Information, Premium Grade: $10 Million, Hospital Contract Included

One former hospital executive, 39 months in prison, and a $1.3-billion contract. Delivery: one superhospital.

Sold2018Regional
CA$10M≈ €6.37MAs stated in the source: $10 million

Already sold, in 2018. Nothing on Lobay is for sale.

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Seller

Role
former top executive at the McGill University Health Centre
Institution
McGill University Health Centre (Centre universitaire de santé McGill)
Place
Montreal, Quebec
Country
Canada

Item specifics

ConditionConviction, final. Guilty plea 2018-11-26; sentenced 2018-12-17
LocationMontreal, Quebec, Canada
SellerFormer top executive, McGill University Health Centre (name withheld)
Winning bidderA Quebec-based engineering firm (name withheld)
CategoryConstruction
ReturnsNo returns. 39 months in prison (2018)

Description

What the bribe bought

The bribes helped win the contract to build the MUHC superhospital, worth $1.3-billion.

Return on bribe: Every CA$1 of bribes bought contracts worth about CA$130.

What happened

A former top executive at the McGill University Health Centre in Montreal admitted accepting $10 million in bribes. In exchange, he gave inside information that helped a Quebec-based engineering firm secure the contract to build the hospital. He pleaded guilty on 2018-11-26. On 2018-12-17 he was sentenced to 39 months in prison.

Shipping & returns

AuthorityKindAmountYear
Quebec criminal court, Montreal (court name not stated in fetched sources)prison sentence39 mois de prison2018