(September 18, 2002) In a 300-page judgment, Judge Lehohla found that Acres had intended to bribe Mr. Sole and that its agreement with its agent was struck in order to cover the bribe. Acres said it was shocked by the ruling and plans to appeal.
Acres found guilty of bribery African court ruling is warning for foreign firms
(September 18, 2002) "What Lesotho has said is that it takes two to tango . . . [Now] businesses will look at Lesotho and say, ‘We don’t have to engage in criminal activities in order to get contracts. We prefer to do business in countries like that’," said Patricia Adams.
Canadian engineering multinational convicted of bribery in Africa
(September 17, 2002) In a landmark decision that has sweeping implications for Third World development, engineering multinational Acres International has been convicted in Lesotho of bribing a foreign official to secure contracts on a multibillion dollar dam scheme.
Acres International to appeal Lesotho court decision
(September 17, 2002) Acres International Press Release.
PRESS RELEASE: Canadian engineering multinational convicted of bribery in Africa
(September 17, 2002) In a landmark decision that has sweeping implications for Third World development, engineering multinational Acres International has been convicted in Lesotho of bribing a local official to secure contracts on a multibillion dollar dam scheme.
Canadian engineering multinational convicted of bribery in Africa
(September 17, 2002 ) In a landmark decision that has sweeping implications for Third World development, engineering multinational Acres International has been convicted in Lesotho of bribing a foreign official to secure contracts on a multibillion dollar dam scheme.
Mark Thomas reveals shady business in Africa
(September 16, 2002) Why are we using taxpayers’ money to arm dictators and to back projects that destroy the environment and displace thousands of men and women from their land?
Allies in bed with Saddam
(September 13, 2002) British Aberdeen Asset Management Trust has invested in North Korean and Iraqi debt. "It’s toxic stuff," admits Colm McDonagh, an Aberdeen fund manager, "but when it moves, it really moves."
Oakville engineering company braces for African bribery verdict
(September 12, 2002) The verdict in the case against a Canadian engineering firm accused of bribing the former Chief Executive of Lesotho’s Highlands Development Authority is scheduled for tomorrow in Maseru’s high court.
PRESS RELEASE: Landmark bribery verdict for accused Canadian firm expected tomorrow
(September 12, 2002) The verdict in the case against a Canadian engineering firm accused of bribery in Lesotho, a country in southern Africa, is scheduled to be delivered Friday, September 13.
Pay role
(September 2, 2005) "It would be appropriate for banks and Arab debtors to write off large parts of the odious loans they made to Saddam, and for Kuwait to forgive the war compensation it is due. A clean slate, not new money, is what Iraq’s economy needs most."
Mohammed Abacha to remain in jail
(August 29, 2002) Hopes of an early release for Mohammed Abacha, who was set free last week by the Supreme Court were dashed this morning when an Abuja High Court failed to sit and entertain his application for bail.
Lesotho bezichtigt deutsche Firma der Schmiergeldzahlung
(August 15, 2002) This article appeared in a German publication on the day, German engineering firm, Lahmeyer International’s court case began in Lesotho. Lahmeyer is the second firm to be tried for bribery in the corruption surrounding the Lesotho Highlands dam project.
Iraqi-born economist focuses on the future of Iraq
(August 12, 2002) Interview with Salah Al-Sheikhly, former head of Iraq’s Central Bank.
I.M.F. loan to Brazil also shields U.S. interests
(August 9, 2002) To hear the Bush administration tell the story, there is one main reason that Brazil should be rescued with a $30 billion loan while Argentina should get nothing: Brazil has been good; Argentina has been bad.
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