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The LEC‘s legacy of graft

THE Directorate of Corruption and Economic Offences (DCEO) is now close to finding out how M7.4 million disappeared between the Lesotho Electricity Company (LEC) and Econet Telecom Lesotho (Econet). The money was paid into an FNB account of a Mafeteng-based Mosotho of Indian descent in a scheme that involved the use of dubious emails and fake banking details to divert a legitimate payment Econet was supposed to make to the LEC.

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