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.

A spokesperson said the city of Toronto became aware of an ongoing court case against Damen Shipyards “in the last 24 hours,” and noted there have been “no criminal convictions to date.” The city’s rules require vendors to disclose previous convictions for behaviour prohibited by Canadian

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