(june 4, 2002) Masupha Sole, the former chief executive of the Lesotho Highlands Development Authority, has been sentenced to a total of 57 years in prison, of which he will serve 18. This follows his conviction in May on 13 counts of bribery and fraud in the Lesotho High Court.
Highlands CEO to jail for bribe
(June 4, 2002) The former chief executive of the Lesotho Highlands Development Authority, Masupha Sole, was sentenced to 18 years in prison by the Lesotho High Court for taking bribes from international firms.
Defining Illegitimate Debt: Understanding the issues
(June 1, 2002) The concepts of unpayable debt and an international insolvency procedure are now part of the discourse on international finance. The third side of the triangle needs to be defined and established so debtors can argue that some debt is illegitimate.
ANEEJ Proposal To The Ad Hoc Committee For The Negotiation Against Corruption
(June 1, 2002) What is to be done when country X has a president or authorities that are corrupt and not willing to initiate asset recovery process? ANEEJ uses questions and also proposals to respond to the situation.
New push could result in debt reduction: campaigners
(May 31, 2002) A prudential system will help both sides, campaigners say, and unlike the "Drop the Debt" campaign fronted by Bono, will avoid the problem of countries being labelled deadbeats for repudiating debts by making the role of the banks explicit.
Obasanjo’s Deal with the Abachas
(May 30, 2002) The revelations made by President Olusegun Obasanjo on his deal with the family of the late Head of State, General Sani Abacha, on the recovery of monies looted by Abacha while in office has elicited sundry responses.
EDC releases environmental and disclosure practices
(May 30, 2002) Export Development Canada (EDC) has released revised policies governing its environmental and disclosure practices following a 60-day comment period.
Acres’ reputation at risk in African bribery trial
(May 27, 2002) Acres International Ltd., one of the great names in Canadian engineering, is nearing the end of a criminal trial in an impoverished African kingdom on charges that could stain its reputation and show the risks of using far-off agents.
Letters to the editor: Weak approach to combating corruption
(May 24, 2002) Punishing these companies’ agents instead of the companies themselves is a scandalously weak approach to combating corruption on its projects.
The Deal on Abacha’s Loot
(May 23, 2002) For the first time in almost three years, President Olusegun Obasanjo has spoken emphatically about the outcome of his administration’s efforts at recovering the hundreds of millions of dollars stolen by the late dictator, Gen. Sani Abacha.
Debt aspects related to Export Credit Agencies
(May 23, 2002) Paper for UK Seminar on Export Credit Agency Reform – "Beyond Business Principles" House of Commons, UK: Recommendations for the Export Credit Guarantee Department (ECGD) on Debt and Export Credits.
SA hails bribery conviction
(May 22, 2002) South African Water Affairs Minister Ronnie Kasrils has commended the Lesotho government in a letter for its resolve to fight corruption and prosecute, at considerable cost, those involved.
Lesotho dam official guilty of graft
(May 22, 2002) Former Lesotho Highlands Development Authority chief executive was found guilty of accepting bribes from international consultants and contractors from the U.S., Britain, Canada, France, Germany to grant them lucrative contracts in the giant project.
Former Lesotho executive guilty
(May 22, 2002) The Lesotho High Court yesterday found Masupha Sole guilty of bribery associated with a World Bank-financed project to supply South Africa with water.
Report shows Executive Board approved project on basis of distorted economic analysis
(May 22, 2002) In early June, the World Bank is expected to vote on a political risk guarantee for the Bujagali dam in Uganda. … International Rivers calls on the Bank to reconsider the economics of the project, to allow the World Bank Inspection Panel to submit its near–complete report on Bujagali, and to assess Uganda’s promising geothermal potential before taking any further decision on the project.
Patricia Adams
Dai Qing
Fan Xiao
Lawrence Solomon
Mu Lan
Probe International
Lisa Peryman
Patricia Adams and Lawrence Solomon
Other News Sources
Probe International 