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If a German alternative energy company continues its legal action against Lesotho over a disputed €100m contract, South Africa may feel the fallout
Mohalenyane Phakela
Mohalenyane Phakela FRAZER Solar has denied allegations that its managing director, Robert Frazer, fraudulently entered into a M1, 7 billion solar energy deal with the previous Thomas Thabane administration. This after the DCEO recently revealed that it had secured a warrant for Mr Frazer’s arrest for alleged fraud in connection with the botched 2018 deal
…as tables are turned against German company in controversial M1, 7 billion solar deal ’Marafaele Mohloboli FRAZER Solar boss, Robert Frazer, is wanted by the Directorate of Corruption and Economic Offences (DCEO) for alleged fraud. This in connection with the abortive 2018 M1, 7 billion solar energy deal between the German company and the
Lesotho is fighting against the enforcement of a €50 million ($56.37 million) arbitral award issued to a German renewable energy company it says was the result of an unauthorized contract it knew nothing about until it was too late.