Lesotho finance ministry officials face charges of fraud and money laundering

  • 📰 ewnupdates
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 53%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The group allegedly stole over R50 million from state coffers by diverting payments from suppliers to their own companies.

JOHANNESBURG - Seven officials from the Lesotho finance ministry are facing fraud and money laundering charges.

The group allegedly stole over R50 million from state coffers by diverting payments from suppliers to their own companies for services that were never provided. South Africa’s Asset Forfeiture Unit managed to recover R18 million that was paid into local bank accounts. The National Prosecuting Authority’s Phaladi Shuping said, “We got the forfeiture order of R18 million and that money will be paid back to the Lesotho government. There is also a preservation of R7.3 million that was granted and the AFU will be applying for the forfeiture of that money sometime in April.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Is there any country in africa that is not corrupt ?

Couple of months ago I came across a recommendation about Bettyparksfx wealth how he helped investors to earn lots of money with their investments. and I decided to give a trial with the little I have. Now my little has turned into something great which was not my expectation

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 30. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Family business bust for swindling University of Fort Hare out of R14mThree family members are facing fraud charges for allegedly cheating Fort Hare University in the Eastern Cape out of R13.9m.
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Family business bust for swindling University of Fort Hare out of R14mThree family members are facing fraud charges for allegedly cheating Fort Hare University in the Eastern Cape out of R13.9m. ✊🏿
Source: TimesLIVE - 🏆 28. / 59 Read more »

Family business bust for swindling University of Fort Hare out of R14mThree family members are facing fraud charges for allegedly cheating Fort Hare University in the Eastern Cape out of R13.9m. Eastern cape corruption number one sport FraudWatchZA it's simply continuous! we are a country of thieves, nje urgh There just no end to these skelm
Source: TimesLIVE - 🏆 28. / 59 Read more »