Lesotho: Multi-Billion Maloti Sekhametsi in Turmoil

…as Minister Moteane is embroiled in another conflict-of-interest scandal

…while PM Matekane is also fingered in “unauthorised” investments

… Dr Ramatlapeng accused of fomenting chaos to block audit report

Moorosi Tsiane

A bitter internal battle has erupted among shareholders of the multi-billion Maloti Sekhametsi Investment Consortium (SMIC) over the controversial disbursement of more than M25 million to companies linked to Prime Minister Sam Matekane and his ally, Revolution for Prosperity…