Property 2000, the South African developer earmarked to lend R2.45-billion to three Lesotho building contractors, is simply a middleman sourcing funds from other investors, including the obscure Grissag AG, a company previously linked to shady deals.
The Lesotho ministry of finance has cancelled the deal, but Property 2000 is trying to revive it (see lead story).
If the deal goes ahead,…