(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.
Third multinational charged
(August 28, 2003) Lesotho’s attorney general Fine Maema said a court date would be set for the prosecution of French construction company, Spie Batagnolles.
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.
Laos dam operator hopes France’s EdF will stay
(August 27, 2003) The operator of a $1.1 billion dam scheme in Laos said on Wednesday it still hopes cornerstone investor Electricite de France (EdF), which said last month it was pulling out, will remain a key player in the scheme.
Probe: Is Asian Development Bank defending Vietnam’s secrecy?
(August 26, 2003) With reference to the attached August 1st 2003 letter from ADB external relations specialist, Bart Edes, to Russell Peterson, NGO Forum on Cambodia, the ADB appears to be refusing to disclose the Se San 3 Hydropower Project Environmental Impact Assessment (TA 3222-VIE) dated February 2001.
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.
Iraq: Debt and devastation
(August 21, 2003) This paper, by investment analyst Justin Alexander and economic lecturer Colin Rowat, calls for the establishment of an international arbitration tribunal to assess Iraqi debt in the light of the doctrine of odious debt.
Letter to EDC president re corruption
(August 21, 2003) EDC needs be proactive in weeding out bribe-givers from its list of clients.
Electricity Sector: Energy revamp urged
(August 20, 2003) Witoon Charoen calls for the creation of an independent electricity regulatory body and drastic restructuring of Thailand’s electricity industry to boost reliability and deliver fairly-priced electricity to the country’s 60 million consumers.
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