Tougher penalties needed to curb RM1bil losses to insurance fraud
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LEC losses M26m to fraud
Mohloai Mpesi THE Lesotho Electricity Company (LEC) has lost a staggering M26.8 million to a fraudulent scheme involving some of its own staff members and clients. The scam, which saw clients receive electricity units without the payments reflecting in LEC’s accounts, was executed by clients paying cash directly to corrupt LEC employees who then […]
·Maseru, Lesotho
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