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Lugy’s pleads for time to settle M2 million LNDC loan

Summary by Lesotho Times
…promises to make first M500 000 payment in February  Moroke Sekoboto  CONTROVERSIAL textile outlet, Lugy’s Manufacturing’s Acting Managing Director, Mairoon Adams, has pleaded with the Public Accounts Committee (PAC) to grant her three more months to repay the M2 million loan obtained from the Lesotho National Development Corporation (LNDC).  Appearing before the PAC yesterday, Ms Adams promised to make the first payment in February 2026. The l…
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Lesotho Times broke the news in Maseru, Lesotho on Friday, December 5, 2025.
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