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Former Passenger Rail Agency of South Africa (Prasa) group CEO Lucky Montana has defended his involvement in property investments during his time at the state-owned entity, saying witnesses and investigators want to discredit and incriminate him.
He further claimed that evidence against him had been gathered unlawfully. There’s more to this story Subscribe to News24 and get access to our
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10 May 2021, 2:20 PM | Amina Accram | @SABCNews
Image: SABC NewsLucky Montana allegedly bought two houses worth R25 million in Pretoria and Johannesburg.
Former Passenger Rail Agency of South Africa (Prasa) CEO, Lucky Montana, has denied allegations that he bought several properties in Johannesburg and Pretoria using the agency’s money.
Montana, who is appearing before the Commission of Inquiry into State Capture, says he did not receive any properties as a form of gratification or kickback.
He has also denied allegations that his former lawyer, Riaan van der Walt, bought the properties on his behalf.
“This is false. Siyangena Technologies or Riaan Van der Walt did not purchase any properties for me. There are four properties mentioned – one in Rose Street, Waterkloof in Pretoria, two adjacent properties in Brooklyn and another in Empire road Sandhurst. They were purchased
Image: SABC NewsMontana continues with his testimony.
Former Passenger Rail Agency of South Africa (PRASA) Group Chief Executive Officer Lucky Montana has denied allegations that he bought several properties in Johannesburg and Pretoria using the agency’s money.
Montana was testifying at the State Capture Inquiry. He continues with his testimony on Monday afternoon.
Live proceedings are available at the link below: This entry was posted on 10 May 2021,02:00PM at 2:00 PM and is filed under Business. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
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Montana: Raising money from SOEs a way of life for ANC
3 May 2021 12:56 PM
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Former Passenger Rail Agency of South Africa (Prasa) CEO Lucky Montana was on Monday testifying about the rail agency at the state capture commission.
JOHANNESBURG - Former Passenger Rail Agency of South Africa (Prasa) CEO Lucky Montana said that raising money from state-owned enterprises (SOEs) was a way of life in the African National Congress (ANC) and that President Cyril Ramaphosa and other ANC leaders were misleading the commission when they said that it was the work of some people .
Montana was on Monday testifying about the rail agency at the state capture commission.