Settlements

ST-257
Lesotho Highlands Water Project / Schneider Electric S.A.
Lesotho Highlands Water Project
Lesotho
Director of Public Prosecutions
Lesotho
2004
02/25
Unknown
Legal Person
Criminal
Guilty Plea
Criminal Fine
$1,504,530.00
$1,504,530
$1,504,530
Enforcement by "Affected" Jurisdiction
Art.16, Art.26
Art. 1, Art. 2
Bribery of Foreign Officials
Bribery of Foreign Officials
Yes
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.)