PAC Hearings Reveal Multi-Million Maloti Graft, Cronyism and Cover-Ups

In a jaw dropping set of hearings this week, the Parliamentary Public Accounts Committee (PAC) has exposed what appears to be systemic corruption inside the Lesotho National Development Corporation (LNDC), implicating its top leadership in illicit advance payments, shady tenders, kickback schemes, and cover-ups of procurement violations. Leaks of internal LNDC reports presented to the PAC reveal that the agency advanced hundreds of millions of maloti in payments to contractors who failed to deliver, Revolution for Prosperity (RFP) politicians, tolerated…Continue reading with a subscriptionSubscribe for full access to every story.Subscribe - M85/monthAlready a subscriber? Sign in Advertisement ...