Lesotho Times

Fraud case postponed once again

 

STANDARD LESOTHO BANKTefo Tefo

Two former Standard Lesotho Bank employees and five local entrepreneurs on Monday appeared before the High Court accused of defrauding government of over M13 million.

The ex-bank employees—‘Mabotsang Maseele Celina Matsoso and Palo Thonkha—and  businesspeople Karabo Moohlo, Madaniel Itumeleng Lekokotoane Shakhane, Daniel Shakhane, Ntsoaki Maraisane and Lebohang Phohleli allegedly stole public funds amounting to M13, 796, 571. 78 between November and December 2011.

The case was supposed to start last Tuesday before Justice Semapo Peete but the judge  postponed it to Monday this week because some of the accused’s legal representatives were unavailable.

The lawyers could not make it to court as they are also participating in the ongoing SADC Commission of Inquiry into the death of former Lesotho Defence Force commander  Maaparankoe Mahao, as well as other security and political issues bedeviling the Kingdom.

However, Justice Peete on Monday postponed the case to 7 February 2016.

It is the state’s case that the money in question was deposited into the accused’s Standard Lesotho Bank accounts from government accounts held with the same financial institution under the pretense they had provided service to the state.

The accused were arrested in 2013 after an investigation by the Directorate on Corruption and Economic Offences (DCEO) and had their vehicles and houses believed to be proceeds of the crime, confiscated.

Some of the seized vehicles are still at the DCEO premises in Maseru.

Meanwhile, the fraud allegations the accused are facing have alternative charges of money laundering and theft by false pretense.

Lesotho Times

Lesotho's widely read newspaper, published every Thursday and distributed throughout the country and in some parts of South Africa.

Contact us today: News: editor@lestimes.co.ls Advertising: marketing@lestimes.co.ls Telephone: +266 2231 5356

Add comment

Lesotho on Instagram

  • Romania Lithuania Egypt prilaga Italy Moldova Libya Turkey Rwanda SouthAfrica
    6 hours ago
  • Remember the days you loved so much theyll help you
    5 hours ago
  • Your LesothoTimes frontpage Grab your copy!! Available in the streets
    8 hours ago
  • Greece Romania Israel Tunisia Cyprus Switzerland Bulgaria prilaga Egypt Mozambique
    6 hours ago
  • The hut was used as a prayer room This is
    2 hours ago
  • Gen stabil itu harus Itu yg membuat saya menjual dengan
    2 hours ago
  • A basotho man wrapped in the famous basothoblanket stands guard
    6 hours ago
  • Congratulations Team Especially In The Design Picture  Music division
    8 hours ago
  • Only 2 days to go before SkandiHopAndTsepe takes place wellasparkforevents
    2 hours ago
  • TBT I have clearly been into red and white and
    2 hours ago

Tweet your Feedback

Follow us

Don't be shy, get in touch. We love meeting interesting people and making new friends.

Most popular