(October 28, 2002) Acres International, was fined R22.5-million in the Lesotho High Court today for bribery linked to the Lesotho Highlands Water Project that supplies water to South Africa.

(October 28, 2002) Acres International said that it was disturbed and dismayed by the Lesotho trial judge’s sentence as it was by his earlier unjustified decision. Acres said it would continue its preparation to appeal the decision and the sentence.

(October 28, 2002) Engineering company maintains innocence, plans to appeal Lesotho verdict.

(October 28, 2002) Acres International Ltd. said Monday it was "disturbed and dismayed" by a $2.2-million (U.S.) fine levelled by a Lesotho trial judge following a bribery conviction in a major African water project and vowed to appeal both the court’s verdict and sentence.

(October 12, 2002) A Lesotho prosecutor asked the Lesotho High Court on Friday to impose the maximum fine on Canadian engineering company Acres International, which was found guilty of bribery.

(October 1, 2002) In an unprecedented case, a Canadian engineering company has suffered the humiliation of being the first multinational to be fined for bribing its way into a World Bank-funded dam project in the small mountain kingdom of Lesotho.

(September 25, 2002) Besides Acres, Lesotho judicial authorities have also accused Italy’s Impregilo, French consortium Sogreah, Coyne and Cegelec, Spie Batignoles, Swiss-Swedish firm ABB, Germany’s Lahmeyer, Britain’s Alexander Gibb & Partners.

(September 24, 2002) It is time for the World Bank to take action against companies convicted of corruption. Declaring Acres ineligible to receive Bank-financed contracts is the way to start, says IRN’s Ryan Hoover.