Acres International has snubbed the impoverished kingdom of Lesotho by not paying a R13 million fine after being convicted of corruption and bribery. Instead, the Canadian engineering and construction company wants to pay the penalty in instalments, according to Lesotho attorney-general Fine Maema, who said he had flatly refused the request. Parent company Acres Group had a gross revenue of R1 billion in 2002, the year Acres was convicted. On Friday, Acres seemed unaware that its offer had...read more
Acres International has snubbed the impoverished kingdom of Lesotho by not paying a R13 million fine after being convicted of corruption and bribery. Instead, the Canadian engineering and construction company wants to pay the penalty in instalments, according to Lesotho attorney-general Fine Maema, who said he had flatly refused the request. Parent company Acres Group had a gross revenue of R1 billion in 2002, the year Acres was convicted. On Friday, Acres seemed unaware that its offer had been rejected.