(October 12, 2002) A Lesotho prosecutor asked the Lesotho High Court on Friday to impose the maximum fine on Canadian engineering company Acres International, which was found guilty of bribery.
(October 12, 2002) Oakville-based engineering firm Acres International Ltd. may face a fine of up to $4 million after being convicted of bribery by a foreign government.
(October 11, 2002) Arguments were heard this week in Lesotho’s High Court during the sentencing trial of Acres International.
(October 9, 2002) The Judgment in Rex v Acres International, the first in the world’s most important international corruption trials, was handed down today in the tiny south African Kingdom of Lesotho. The written decision is now available on-line.
(October 1, 2002) Scandal rages around alleged bribery in Lesotho, where the World Bank is financing Africa’s largest water project.
(October 1, 2002) Canadian engineering multinational Acres International is expected to be sentenced today in Lesotho’s High Court.
(October 1, 2002) In an unprecedented case, a Canadian engineering company has suffered the humiliation of being the first multinational to be fined for bribing its way into a World Bank-funded dam project in the small mountain kingdom of Lesotho.
(September 29, 2002) Article appearing in Swedish newspaper examining ABB’s connection to the corruption trials in Lesotho.
(September 25, 2002) Besides Acres, Lesotho judicial authorities have also accused Italy’s Impregilo, French consortium Sogreah, Coyne and Cegelec, Spie Batignoles, Swiss-Swedish firm ABB, Germany’s Lahmeyer, Britain’s Alexander Gibb & Partners.
(September 24, 2002) It is time for the World Bank to take action against companies convicted of corruption. Declaring Acres ineligible to receive Bank-financed contracts is the way to start, says IRN’s Ryan Hoover.
(September 24, 2002) Canadian engineering consulting firm Acres International has been found guilty by the Lesotho High Court of paying bribes to win contracts on a multi-billion dollar dam project, with sentencing expected in early October 2002.
(September 22, 2002) The corruption honeymoon in Southern Africa is over, top officials in Lesotho warned this week, urging foreign companies doing business here to clean up their business practices.
(September 22, 2002) South African Minister of Water Affairs warmly congratulated his Lesotho counterpart, Minister of Natural Resources, following the conviction of Canadian firm, Acres International, by the Lesotho High Court.
(September 21, 2002) Corruption in Lesotho: A conviction for bribery could have a wide impact
(September 19, 2002) The dam has broken wide open for a Canadian company doing business in Lesotho. Acres International was convicted of bribery in connection to a hydro dam they were building. Patricia Adams is the executive director for Probe International, an NGO following the case. She’s in Toronto.