Tuesday 10 December 2019
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maverick - 23 days ago

SCORPIO: Gravy Trains: Prasa paid R4m in ‘ghost’ invoices to clear Lucky Montana’s debt – three years after he’d left the place

In late 2018, the Passenger Rail Agency of South Africa paid a contractor for allegedly bogus invoices in order to settle an outstanding loan the former CEO had obtained from a businesswoman. The Prasa official who helped process the dubious payment asked for a cut of the money. These dealings suggest state-owned enterprises are preyed upon by former bosses, even years after they have left the scene.


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