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

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

A brief legal battle in the South Gauteng High Court last year laid bare financial dealings that Prasa CEO Lucky Montana had with a contractor in the period after he was sacked as the state-owned rail operator’s chief in late 2015.

The money was paid in separate tranches between February and June 2016. These “loans” were suspicious, seeing as NMC had clinched a R50-million contract for ad-hoc repair work on Prasa’s ageing fleet of train carriages while Montana still headed up the SOE.After several unsuccessful attempts to retrieve her money from Montana over a period of more than a year, Gschwari started legal action in July 2018.

Correspondence between Gschwari and Francis Theoane, the Prasa official who effected the payment, should raise eyebrows about the true motivation behind the transaction. Theoane works at Prasa Rail, the division that oversaw the ad-hoc repair and maintenance contracts the SOE had awarded to companies like NMC during Montana’s time in charge.

Meanwhile, Prasa and the SIU may also have to look into the conduct of the official who allegedly processed the payment.

 

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