(September 4, 2003) The Lesotho government has taken another step to show the world that it will continue to fight corruption after the bribery scandal involving millions of rand over the construction of the Lesotho Highlands Water Project.
African adventure
(September 2, 2003) Multinational corporations have often viewed bribery as a distasteful but necessary part of doing business in certain countries – particularly underdeveloped ones.
AfDB cancels projects in Nigeria over corruption
(September 1, 2003) Overwhelmed by complaints of failed water projects due to official corruption, the African Development Bank (ADB) has announced the cancellation of 80 per cent of its projects in the country.
A world of corruption
(September 1, 2003) Richard D. North, Media Fellow of the Institute of Economic Affairs, explores dishonesty, bribery, sleaze, fraud and graft around the world in Corruption, a four-part documentary which began on Monday, August 18, aired by the British Broadcasting Corporation. On Monday, Sept. 1, the series will look at the groundbreaking corruption trial underway in Lesotho, one of the smallest and poorest countries in Africa. The CEO of a dam project, the biggest construction project in Africa, was found to have taken $2 million in bribes, which he’d stashed in a string of secret Swiss bank accounts.
Second multinational convicted of corruption in Lesotho
(August 29, 2003) German engineering contractors Lahmeyer International were fined more than $1 million (R10,6-m maloti) in the Lesotho High Court on Tuesday for bribery.
New policy to restore investor confidence in Lesotho
(August 27, 2003) "Once the international companies and the international community as a whole realize that there’s zero tolerance on corruption, then it clearly means that there’d be more investors coming to Lesotho." – Fine Maema, Lesotho’s Attorney General.
Lesotho to prosecute 15 more multinationals
(August 27, 2003) This comes after a German firm, Lahmeyer, was fined R10,5 million in the Lesotho High Court for bribery.
Catching the corrupt no easy task in South Africa
(August 27, 2003) Experts say South Africa’s law is flawed, allowing those who offer bribes to walk free.
Lesotho fines second firm for bribery
(August 27, 2003) Lesotho’s High Court has fined a German company more than $1m for bribing its way into a massive dams project.
German company fined for bribery
(August 26, 2003) Second multinational convicted in Lesotho corruption trial.
Lesotho sends a strong message on corruption
(August 25, 2003) In sentencing Acres International, judges wanted to send a strong message to developers. The question of conviction alone is a far-reaching punishment because Acres will be unlikely to secure contracts funded by the World Bank.
Acres’ partners in crime
(August 23, 2003) Was Canada’s federal government determined to see justice prevail? Just the opposite.
Request to EDC for a clear statement of EDC’s policy on bribery and convicted companies
(August 22, 2003) We ask you to commit to a thorough investigation of all transactions involving Acres International, and a barring of Acres International from future EDC transactions for a period no less than five years.
Acres responds to appeal verdict in Lesotho trial
(August 18, 2003) Acres International expressed its disappointment that the Appeal Court of Lesotho upheld one of the two counts of bribery that were the subject of its recent appeal.
Court pours water on Canadian firm’s appeal
(August 17, 2003) Part of the court judgment read: "The fact of the conviction demonstrates to those who do business in developing countries that they do not have a licence to buy favour from governments by making corrupt payments to persons in authority."
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