Back
Lino Saputo
Executive Chair of the Board, Saputo Inc.

Lino Saputo en entrevue au Canal Argent

🎥 Dec 12, 2007 📺 Droit-inc ⏱ 7m
Lino Saputo s'entretient avec Annie Dufour du Canal Argent, le 12 décembre 2007.
Watch on YouTube
Transcript (27 segments)
I
Interviewer0:00
And now we give the floor to the man at the heart of this story, Lino Saputo. Hello Mr. Saputo.
So Mr. Saputo, you categorically deny any involvement in this money laundering operation?
L
Lino Saputo0:02
Formally, I have never met Mr. Turisci, I have never done business with Mr. Turisci, I have never done business with Mr. Rizzuto. I have never done anything that wasn't correct to do. I have worked my whole life, for 55 years, day and night, to build a reputation, build a company, build something. In 2007 they tried to destroy my reputation. That hurts me deeply.
I
Interviewer0:06
Mr. Saputo, could it be that without your knowledge, people inside your organization may have met this man?
L
Lino Saputo0:07
Absolutely not. Because three weeks ago, when the name came out in an Italian magazine, L'Espresso in Rome, I conducted an internal investigation within my company and within my family to see if anyone had met or spoken to a certain Turisi who wanted to sell the company Med in Italy. No one in my circle had contact with that person. Personally, I don't know him, I don't know who that person is.
I
Interviewer0:09
But you may have heard about it last year when he wanted to sell or rather incorporate companies under the name Saputo in Florida, and you would have resold. You didn't know about this story until last night?
L
Lino Saputo0:10
Only last night did I learn that a company was registered in Palm Beach, Florida, an S Corporation. But you know, Saputo is a common family name. Someone could use that name without my knowledge. So we can't respond to things we don't know. I only found out yesterday.
I
Interviewer0:13
Mr. Saputo, in one of the recordings of the Italian police, according to the press, one of the men accused of being involved in this operation, who was wiretapped without his knowledge, says that you are an intermediary for Vito Rizzuto. How do you explain that?
L
Lino Saputo0:14
It's a wiretap without his knowledge, it's something I can't explain. I don't know who said it, when he said it, how he said it, in what context he said it. Did he invent it knowing Mr. Saputo? He needs to be asked that question. But definitely, I will get to the bottom of this story because I don't leave things this way. We will go to the bottom because it touches my reputation. It's been 55 years as I said I work day and night, and it hurts me to see my name dragged through things I have absolutely nothing to do with.
I
Interviewer0:16
Has the police contacted you, sir?
L
Lino Saputo0:17
Never, never. I find it strange that even our Canadian police never once asked to see me or talk to me about anything. So the Canadian police nor the American police, nobody, no investigation. Yet I am a very available person. So if anyone wants to talk to me here or call me, I will answer anything. I even invite the Canadian police to come see me if there are things to clarify with me.
I
Interviewer0:18
This is not the first time your name has been associated with the Mafia. Are you fed up that your company's legitimacy is doubted?
L
Lino Saputo0:19
You know, at some point I thought the 80s, 70s, 60s were past, but I see that as we succeed, we are guilty of our success. It hurts me. I have worked my whole life to build what we have built today. Look at those who work with me, see how I act, what I have done my whole life.
I
Interviewer0:20
Vito Rizzuto, who is currently incarcerated, is he a man you have ever met?
L
Lino Saputo0:21
I have met him a few times but never socialized with him. In what occasions? In some receptions, very rarely, maybe once in my entire life I met Mr. Rizzuto at parties.
I
Interviewer0:22
When you are an Italian businessman, there is always this stereotype of association with the Mafia. But can you be approached by the Mafia? Is it a phenomenon discussed among the Italian community? Because you could be an easy door for them.
L
Lino Saputo0:23
I have never had any demands. I don't know what you are referring to. I have never had demands from the Mafia to do things I would never want to do. So no, I have never had any demands that I have passed on. No, I don't know what you are referring to.
I
Interviewer0:24
But it's well known that the Mafia tries to intimidate certain smaller businessmen. Is that something you discuss in the community?
L
Lino Saputo0:25
No, I have never been intimidated by anyone. I have always worked honestly as I told you to build what we are today. Today I am really hurt to see my name being used unjustly. I am asking the police to do their job as soon as possible. If they need to talk to me, come see me, I am ready to answer any question.
I
Interviewer0:26
You have taken legal measures for the Italian newspaper L'Espresso to retract, haven't you?
L
Lino Saputo0:27
Yes, when we learned that there was an appearance in L'Espresso in Italy, we hired a firm of Italian lawyers to handle the matter, and there are procedures underway.
I
Interviewer0:28
For your board of directors, for your company, what impact could this have? Could it be negative?
L
Lino Saputo0:29
It's sure that it's a bomb that exploded this morning. The board members will not be happy, but they know Lino Saputo, they know the company, and I am convinced they are comfortable. Listen, nothing can happen in a public company without going through the board of directors. Here there was never any request, any mention, any investment in Made in Italy. So they will be hurt and shocked to see what is happening this morning.
I
Interviewer0:29
So you are asking people to trust you, you assure us of your complete innocence in this matter?
L
Lino Saputo0:29
I can assure you 100% that I am innocent. They used my name for their purposes. It hurts me a lot, but you will see that my name will be cleared because I will get to the bottom of this story. It won't remain certain.
I
Interviewer0:30
Certainly, Mr. Saputo, thank you very much for coming and giving us your version of the facts. Thank you, have a great day. Thank you, goodbye.
So that was Lino Saputo, who is the chairman of the board of Saputo, one of the founders of this company. It's the largest company specializing in cheese, listed on the stock exchange.