…over breach of M13.5 million loan balance
ENRICH Holdings has initiated arbitration proceedings against the Lesotho National Development Corporation (LNDC) demanding payment of the outstanding amount out of a M15 million loan agreement the two parties inked in January 2024.
LNDC is accused of breaching a loan agreement after allegedly failing to disburse the outstanding M13.5 million of the M15 million the corporation initially agreed to loan Enrich Holdings.
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South Africa Today Africa – Southern Africa Lesotho News
