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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 h...

Montana denies defrauding state, buying properties with Prasa money Updated Gaopalelwe Phalaetsile Share this: Former Passenger Rail Agency of South Africa (Prasa) CEO Lucky Montana has denied using state funds to buy property.  Youtube Montana, who was CEO at the rail agency between 2010 and 2015, owned four properties that are in question.       Van der Walt owned a company called Precise Trade and Investment and was also representing Siyangena Technologies.   Siyangena Technologies was awarded an R4.5 billion contract by Prasa in 2011 to upgrade its security system which has been ...

‘Hawks’ wanted R500m from me, claims former Prasa boss Lucky Montana during commission testimony Suné Payne The former chief executive of the Passenger Rail Agency of South Africa (Prasa) Lucky Montana returned to the State Capture Inquiry on Monday to answer questions about his property transactions. But at the end of the day, his testimony was described as “running around in circles”.  Montana told the inquiry that he “rejects with contempt” suggestions that he used Prasa money to buy property through his property development partner.  Previous testimony befor...

Gallo Images / Sowetan / Esa Alexander Former Prasa CEO Lucky Montana said he never used Prasa funds to buy himself properties. He said there were only four properties that entered and exited his portfolio during his time at Prasa. He insisted his property-related dealings with businessman Riaan van der Walt were not aimed at benefitting Siyangena Technologies. Former Passenger Rail Agency South Africa (Prasa) group CEO Lucky Montana took to the Judicial Commission of Inquiry into State Capture - chaired by Deputy Chief Justice Raymond Zondo - to deny claims made to the commission that Siya...

The former chief executive of the Passenger Rail Agency of South Africa (Prasa) Lucky Montana returned to the State Capture Inquiry on Monday to answer questions about his property transactions. But at the end of the day, his testimony was described as “running around in circles”.  Montana told the inquiry that he “rejects with contempt” suggestions that he used Prasa money to buy property through his property development partner.  Previous testimony before the inquiry alleged that Montana would view properties, and these would then be paid for by Riaan van der Walt through a compan...