Prasa probes ‘will continue’ despite court battle
The transport minister and the Passenger Rail Agency of SA vow to pursue investigations
The transport minister and the Passenger Rail Agency of SA (Prasa) have given assurances that probes into the financial affairs of the embattled agency will not be disrupted by the shake-up of senior management and directors. This comes as axed board members, led by former chairman Popo Molefe, gear up for a court battle they say they must win to avert "permanent harm" to the agency. They are expected to argue against their dismissal on Thursday. One probe has shown that irregular expenditure at Prasa could be as high as R24bn. Terms of reference for a parliamentary inquiry could be announced on Tuesday. The Molefe-led board has expressed concern that the new interim board would be unable to oversee an internal Werksmans Attorneys forensic probe that is now at a "critical stage". The Department of Transport has expressed concern at the cost and extent of the probe, currently at R127m. Former Prasa board members are expected to tell the court they negotiated a probe with Werksmans At...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.