Lesotho: Global company fined for Lesotho bribery

One of the world's leading electrical companies, Schneider Electric, was fined R10-million in the Lesotho High Court after admitting to bribery. The global giant avoided a trial by pleading guilty on 16 counts of bribery, all relating to the construction of the now-completed Lesotho Highlands Water Project. The corruption involved around R16-million.