The corruption cases databases are a product of the staff of the International Bank for Reconstruction and Development / The World Bank. It is intended for general information purposes only. The findings, interpretations, and conclusions expressed in the Database do not necessarily reflect the views of the Executive Directors of The World Bank or the governments they represent. The World Bank does not guarantee the accuracy of the data included in this work. Neither the World Bank Group nor its officers or employees shall be liable for any losses that may result directly or indirectly from the use of or reliance upon such information.
Lesotho Highlands Water Project / Schneider Electric S.A.
According to a presentation to the US Senate Foreign Relations Committee by Guido Penzhorn, SC, lead prosecutor in the Lesotho Highlands Water Projects case, "On 25 February 2004 Schneider Electric SA (formerly Spie Batignolles), the multi-national French construction company involved in building the transfer tunnels, pleaded guilty to 16 counts of bribing Mr Sole. A fine of R10million was agreed with the prosecution and was paid." (Source: Guido Penzhorn SC, Comments on the Current Lesotho Bribery Prosecutions, Presentation before the [U.S.] Senate Foreign Relations Committee, July 24, 2004.)
Guido Penzhorn SC, Comments on the Current Lesotho Bribery Prosecutions, Presentation before the [U.S.] Senate Foreign Relations Committee, July 24, 2004, accessed at http://www.odiousdebts.org/odiousdebts/publications/SenatePaperJuly04.pdf. See also, LL Thesane and GH Penzhorn SC, "Case Study: the Lesotho bribery prosecutions," presented at the Conference on the Protection and Optimization of Public Funds, the Cooperation between National and International Authorities, 14-16 May 2007, accessed at http://www1.worldbank.org/finance/star_site/documents/arw/Lesotho_Highlands_EU_Anti_Fraud_Case_Study_Thetsane_Penzhorn_May_2007.pdf. See also, Schneider Electric SA v. Director of Public Prosecutions (CRI/APN/751/2003), accessed at http://www.lesotholii.org/ls/judgment/high-court/2003/150.
Please help us ensure that StAR Asset Recovery Watch is as accurate and comprehensive as possible by sending us updated information regarding the cases currently in StAR Asset Recovery Watch, as well as information about cases for future inclusion in the database.
To report any errors or updated case information, please contact email@example.com. Please include the name of your organization, the country in which you reside, and "StAR Asset Recovery Watch" in the subject line.