Mohale FM THE Lesotho Tourism Development Corporation (LTDC) Chief Executive Officer, Molupe Pheko, has resigned with immediate effect. He did not give reasons for his decision.
Mr Pheko tendered his resignation yesterday, bringing an abrupt end to a tenure that had been over shadowed by serious allegations, including corruption, misappropriation of funds and, manipulation of the parastatal’s human resource policies to effect improper promotions.
These allegations had ultimately led to his suspension pending investigations. He was suspended on 11 March 2025, with the LTDC Head of Investment and Promotion, Mamello Morojele, appointed Acting Chief Executive Officer.
Mr Pheko assumed office on 15 November 2023 and had been in the position for less than a year when accusations regarding his conduct began to emerge.
The Directorate on Corruption and Economic Offences (DCEO) subsequently launched investigations into his alleged abuse of power and financial impropriety.
DCEO spokesperson, ‘Matlhokomelo Senoko, yesterday confirmed that investigations were still ongoing.
Among the allegations were claims that Mr Pheko undertook frequent trips and claimed per diems ranging between M30 000 and M90 000, raising concerns about the legitimacy of the expenses.
He was also accused of misappropriating approximately M1 million earmarked for road repairs from Semonkong to Maletsunyane Falls, a key tourism route serving one of the country’s major attractions and the venue of the annual Maletsuny ane Braai Festival, which draws hundreds of international visitors.
Minister of Tourism, Arts, Sports and Culture, Motlatsi Maqelepo, acknowledged Mr Pheko’s resignation but said he was yet to meet the LTDC board over the issue.
