Top management of PeopleÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s Choice Broadcasting Studios (PCBS), the owners ofÃƒâ€šÃ‚Â Ãƒâ€šÃ‚Â LesothoÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s popular PC FM, are being investigated by the police after allegations of fraud surfaced at the radio station, writes Mzimkhulu Sithetho.
According to a local newspaper, Lesotho Times, one of the directors of the radio station, Mohau Thakaso lodged a complaint with the police that some managers and directors could have fraudulently bought shares in the radio station, possibly using the stationÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢s own funds.
Police spokesperson Senior Inspector Moshe Raleting was quoted as confirmingÃƒâ€šÃ‚Â the investigation.
Ãƒâ€šÃ‚Â ÃƒÂ¢Ã¢â€šÂ¬Ã…â€œIt is not right for PCBS to have purchased the shares in itself or even to provide the money for the purchase of those shares,ÃƒÂ¢Ã¢â€šÂ¬Ã‚Â the complainant says.Ãƒâ€šÃ‚Â
Meanwhile, the station manager is reported to have refuted the allegations that some of the managers had bought their shares using PC money. She is said to have said: ÃƒÂ¢Ã¢â€šÂ¬Ã…â€œWe are shareholders here and I donÃƒÂ¢Ã¢â€šÂ¬Ã¢â€žÂ¢t remember any of us using the company monies to buy shares.ÃƒÂ¢Ã¢â€šÂ¬Ã‚Â