Recent reports show that, the government of Lesotho has moved to ‘reassure’ the public that its properties, local and abroad, are safe and protected from seizure by anyone or any organisation.
In its statement to the media, the Government said thid, following international media reports that Lesotho faces having 50 million euros (M855 million) of its assets seized around the world after breaching the terms of a contract with Frazer Solar GmBH.’
“The government of Lesotho is aware of the circulating media articles purporting exposure to an arbitral award in favour of Frazer Solar GmBH.