(August 13, 2004) In a review of countries in protracted arrears to the IMF, the Fund said emergency post-conflict funding for Iraq would be approved once it had paid off an $80 million debt to the IMF.
The Lesotho Highlands Water Project: bribery on a massive scale
(August 8, 2004) Many of the legal aspects of corruption have now been thoroughly and recently tested in the Lesotho courts, challenging the ways in which corruption is detected and punished in different parts of the world.
Lesotho remains firm against corruption despite lack of funding help from EU or World Bank
(August 2, 2004) Various promises of assistance made but little follow-through, especially from countries whose companies were involved in the criminal proceedings.
Acres accused of still owing $2-million in fines
(July 19, 2004) Convicted of bribing an African official, company says it’s paying penalty in stages.
U.S. asks Lesotho bribe prosecutor to attend inquiry
(July 18, 2004) Guido Penzhorn who has been successfully prosecuting mutinationals for corruption in Lesotho, has been invited to appear before the U.S. foreign relations committee in its hearings on corruption in World Bank-funded projects.
Western firms face bribery blacklist
(March 19, 2004) If Acres is debarred, it will send a powerful signal to the world’s big construction companies, which rely heavily on the World Bank and other international financial institutions for support.
Mbeki hails Lesotho for corruption stand
(March 18, 2004) Foreign companies were the prime movers in the corruption of Lesotho officials in the Lesotho Highlands Water Project, President Mbeki said this week.
The key word is failure, Ms. Kelly
(March 17, 2004) This week has seen the opening of a £5 billion multinational dam project in tiny Lesotho, in southern Africa, that has already become more famous for exposing bribery than delivering water.
Spie Batignolles next in line for Lesotho prosecution
(November 25, 2003) The prosecution of multinational companies on charges of corruption relating to the Lesotho Highlands Water Project is quietly continuing.
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.
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.
Ombudsman releases report on Lesotho Highlands Development Authority and affected communities
(August 6, 2003) The Lesotho Highlands Development Authority should pay interest on delayed compensation for communities affected by the giant Lesotho Highlands Water Project’s Phase 1B, Ombudsman says.
Lahmeyer International sentenced in Lesotho
(July 2, 2003) German consultancy firm Lahmeyer International found guilty of bribery in Lesotho Highland Water Project.
Lesotho Judge Convicts German Engineering Firm of Bribery Charges
(June 18, 2003) "Like the Acres’ verdict before it, the judgment against Lahmeyer throws into doubt the legitimacy of these companies’ involvement in other large dam projects throughout the world," says Ryan Hoover of International Rivers Network.
Germans guilty of bribery
(June 17, 2003) Lesotho High Court Judge Gabriel Mofolo found Lahmeyer, a German engineering company, guilty on seven counts for paying R5.9m in bribes to Lesotho Highlands Development Authority former chief executive Masupha Sole over a six year period.
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