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Montana the opportunistic property mogul


MONEYWEB
LIVESTREAM
Laments the fact that he no longer has his bank statements, or relevant emails.
00:01 
Evidence indicates that Montana sold a property valued at R3.5m for R6.8m while he was group chief executive of the passenger rail agency. Image: Moneyweb
The Zondo Commission of inquiry into allegations of state capture continued with Passenger Rail Agency of South Africa (Prasa) related evidence from the state-owned entity’s former group CEO Lucky Montana on Monday (May 10).
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'CLAIMS BASED ON LIES'


‘CLAIMS BASED ON LIES’
Mfundekelwa Mkhulisi
Lucky Montana testified at the Zondo Commission yesterday. ­ Photo by Gallo Images/ Luba Lesolle.
FORMER Prasa CEO Lucky Montana has denied allegations that he sold his houses to cover up his involvement in criminal activities.
He said the claims were based on lies and there was a campaign to portray him as a corrupt person. He told the Zondo Commission yesterday he was surprised that the story was not changing despite new facts emerging.
Investigator Clint Oellermann alleged that Montana bought three properties for a total of more than R36 million between 2014 and 2016.
He claimed the properties were funded through Riaan van der Walt, an attorney who acted for Riyangena Technologies, which won an unlawful tender worth R2,4 million. ....

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