Skip to main content
Access every election story that matters
Enjoy unlimited digital access
per week for 24 weeks
Access every election story that matters
Enjoy unlimited digital access
per week
for 24 weeks
// //

A Bombardier logo is pictured on the company booth during the European Business Aviation Convention & Exhibition (EBACE) at Cointrin airport in Geneva, Switzerland, May 24, 2016. REUTERS/Denis Balibouse - RTX2ECR5

© Denis Balibouse / Reuters/Reuters

Bombardier Inc. says it is conducting its own internal review into allegations of bribery in connection with a contract to supply rail equipment in Azerbaijan and that it has so far uncovered no evidence of wrongdoing by its employees.

One week after Swedish police detained a Bombardier executive and questioned two others on suspicion of bribery in an ongoing investigation related to the World Bank-financed contract in the former Soviet republic, the Montreal plane and train maker said it is assisting the Swedish authorities and doing its own examination of what happened. "Thus far, we have no information of any unlawful behaviour and we stand behind the work we are doing to help modernize Azerbaijan's rail infrastructure," the company said in a statement on Friday evening.

Read more: Bombardier and Vladimir Yakunin: the mystery man Canada refuses to sanction

Story continues below advertisement

Read more: Bombardier officials arrested in Sweden on bribery suspicion involving rail-equipment deal

Read more: Documents suggest possibility of more legal trouble for Bombardier

A court in Stockholm heard last week that the country's National Anti-Corruption Unit believes the Swedish arm of Bombardier's train unit colluded with Azeri government officials to win the $340-million (U.S.) contract in 2013. Prosecutors told the court that Bombardier and its commercial partners won the deal in part by creating a joint venture called Trans-Signal-Rabita and fictionalizing the new company's history to meet the specifications of the bid. Trans-Signal-Rabita won the contract despite offering only the fifth-best price among eight bidders, the court heard.

Bombardier challenged that information in its statement on Friday, saying the consortium won the contract after a fair and open competition in which its bid was the most technically sound and priced lower than those of its rivals.

"As we complete our internal review, we will do everything possible to ensure that our stakeholders have a full, fair and honest accounting of the facts," Bombardier said. "We will always hold ourselves to the highest standards of conduct and we will always welcome the scrutiny that comes with being one of Canada's leading multinational companies."

Your Globe

Build your personal news feed

  1. Follow topics and authors relevant to your reading interests.
  2. Check your Following feed daily, and never miss an article. Access your Following feed from your account menu at the top right corner of every page.

Follow the author of this article:

Follow topics related to this article:

View more suggestions in Following Read more about following topics and authors
Report an error Editorial code of conduct
Tickers mentioned in this story
Due to technical reasons, we have temporarily removed commenting from our articles. We hope to have this fixed soon. Thank you for your patience. If you are looking to give feedback on our new site, please send it along to If you want to write a letter to the editor, please forward to
Comments are closed

We have closed comments on this story for legal reasons or for abuse. For more information on our commenting policies and how our community-based moderation works, please read our Community Guidelines and our Terms and Conditions.

To view this site properly, enable cookies in your browser. Read our privacy policy to learn more.
How to enable cookies