THE UGLY

Finweek English Edition - - The Week -

In a hard-hit­ting state­ment, the for­mer board of the Pas­sen­ger Rail Agency of SA (Prasa), whose term ended at the end of July, ac­cused trans­port min­is­ter Joe Maswan­ganyi of in­ter­fer­ing with and un­der­min­ing the board’s ac­tiv­i­ties, which have been fo­cused on ad­dress­ing long-stand­ing cor­rup­tion and gov­er­nance is­sues at Prasa. It com­pleted a num­ber of in­ves­ti­ga­tions and in­sti­tuted le­gal pro­ceed­ings on a num­ber of mat­ters, no­tably get­ting a R2.6bn un­law­ful con­tract with Swifambo Rail Leas­ing set aside. If this gov­ern­ment was se­ri­ous about ad­dress­ing cor­rup­tion, it would reap­point for­mer Prasa chair­man Popo Molefe to the board and al­low the clean-up to con­tinue.

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