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The Oakville Beaver, Wednesday October 30, 2002 - A 5 Company maintains innocence (Continued from page A1) Choosefrom Special Selections including: TABM CLjm D "It would be very unusual to require payment in advance of the appeal," Soteroff added. Other observers welcomed the sentence as a strong signal to the business community. "I think the judge is send ing a clear message to other companies that bribery does n't pay," said Patricia Adams, executive director of Probe International, a Toronto-based organization that monitors Canada's aid and trade. "With tough penalties like this, com panies will get the message that it's not worth it." Acres' staff and officers did not face jail terms. But the 78-year-old company could face exclusion from interna tional development contracts. The World Bank, which earlier investigated and cleared Acres of wrong-doing, now says it will review the evidence from the Lesotho proceedings. Acres was accused of directing $320,000 (U.S.) to Masupha Ephraim Sole, a Canadian-trained engineer who oversaw the $6 billion Lesotho Highlands Water Project during the 1980s and `90s. The money was said to be channelled through Zalisiwonga Bam, a local engineer hired by Acres. The High Court ruled that a "representative agreement" between Acres and Bam was a ploy to hide bribes. "Acres vociferously protests its innocence and is committed to strongly defend ing its good reputation," the company said in a release Monday, noting that it was cleared in probes by the World Bank and the Canadian International Development Agency. "Acres was completely unaware that the representa tive was secretly paying some of his fee to the director of the water project. Acres has no knowledge of'any payments, had no motive for them and received no benefit," the com pany said. The crown argued for a fine of 25 million maloti ($3.8 million Canadian), but the company suggested 2 million maloti or $305,000 (Canadian) was more appro priate. Acres was among 12 inter national companies accused of paying bribes in a giant water control project, but the first to go on trial. Sole was convicted in June on 13 counts of cor ruption and sentenced to 18 years in jail after being found guilty of receiving more than $1.6 million in bribes from consultants and contractors from Canada, the United States, Britain, Germany and France. 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O P E N S U N D A Y S 12-5 140 Rebecca St. O A K V IL L E 844-7728 S L A S H IN G T H E C O S T L o o k in g fo r O F D O IN G B U S IN E S S ! an e wc a r ? P ^ & Autom otive D irectory ^ lo c a l autom otive businesses PROTEVA C O M M U N I T Y OAKVILLEBEAVER.COM mn.» ««»«!» r II i n 1 I T E I I f T IV E Hi latriH nw .na »J i(l> i« l» ! "If H d lfT lS e d r tllC O m * 'TM 4 · · · · · · · Intel P4 1.8 GHz processor 128 MB DDR RAM 17" monitor 40 GB hard drive 32X CD-RW 10/100 LAN Built and shipped in 7 business days No need to take your Proteva computer anyw here w ith on-site service at home or in the office!* MONSTER SKI & BOARD SWAP N e w£ U s e d S id£S n o w b o a rd E q u ip m e n t£ C lo th in g U a rb e q u e DROP OFF Fri. Nov 1,12-10 pm Sat. Nov 2 ,1 0 -2 pm Fri. Nov 1 , 6-10 pm Sat. Nov 2 , 10-4 pm Sun. Nov 3 , 12-4 pm Payment by Cash, Cheque, Visa or Interac 498281 ` D e t a ils in - s t o r e . ' C a s e n o t e x a c tly a s s h o w n . 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