Corruption probe into power ships: Lebanon acts against Karpowership
News24
07 May 2021, 17:42 GMT+10
Lebanese authorities have reportedly launched a crackdown on the company that is supposed to provide South Africa with electricity via power ships.
Lebanon's National News Agency (NNA) reports that the local authorities have issued on order to stop payments to Turkish energy company Karpowership, and ban its ships from leaving Lebanon.
According Arabnews.com, the decision was based on preliminary probe by Lebanon's Financial Prosecutor's Office into "brokers, commission, or corruption in the dealership of ships producing electricity".
The state news agency reported that authorities could fine the company $25 million (roughly R356 million), if it was found that "commissions" were paid.