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Mahao sets high sights for energy

Mahao sets high sights for energy
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Lesotho's M855 million mess

Lesotho’s M855 million mess
MASERU – FORMER Minister Temeki Tšolo played a central role in negotiating and signing the M1.6 billion solar deal that has soured and could see Lesotho losing its international assets after violating the contract.
There are fresh details on how Tšolo committed the government to a staggering contract – without cabinet approval or following procedure – and then repeatedly ignored clear legal warnings that his decision was leading Lesotho into a monumental disaster.
Now Lesotho has lost an arbitration and three cases as Frazer Solar, the German company, goes after its international assets.
The German company is claiming M855 million from Lesotho and has been winning court cases across the world. ....

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