Lesotho: PAC Lays Bare the Massive Corruption At M12 Billion Pension Fund

…Names corrupt trustees who have received kickbacks

–Calls for their expulsion from Board of Trustees

–Slates Akani and Mergence’s Semoli Mokhanoi for impropriety

The massive corruption at Lesotho’s M12 billion Pension Fund has been laid bare in a report by the parliamentary Public Accounts Committee (PAC).

Some of the Fund’s trustees, according to the report, have accepted kickbacks from service providers competing for contracts from the Fund.

Some trustees are business associates and friends…