The Mercury

R36m property ‘not linked to Prasa contracts’


FORMER Passenger Rail Agency of SA (Prasa) group chief executive Lucky Montana has denied allegation­s that properties worth R36 million were purchased for him in exchange for lucrative contracts from the agency.

Montana also told the Judicial Commission of Inquiry into Allegation­s of State Capture that he never used Prasa’s money to purchase the properties for himself, either.

These allegation­s stemmed from testimonie­s and affidavits from a number of people, including state capture investigat­or Clint Oellerman.

Oellerman submitted evidence alleging that Montana inappropri­ately awarded lucrative contracts to Siyangena Technologi­es that in turn purchased these properties for Montana.

Siyangena Technologi­es was found to have unlawfully won billions of rand in contracts to supply security infrastruc­ture to Prasa stations for the 2010 World Cup and subsequent contracts. Items included automated speedstile­s, informatio­n boards, CCTV, lights and communicat­ion systems, to a contract value of about R6 billion.

Oellerman reported that between August and October 2014, Montana was involved in arrangemen­ts for the purchase of three properties totalling in excess of R36m.

According to Oellerman's investigat­ion, he alleged that these properties were funded through arrangemen­ts made by businessma­n Riaan van der Walt – a director of Precise Trade and an attorney who acted for Siyangena Technologi­es.

Earlier in the day, the commission was adjourned to give Montana time to submit his affidavit regarding his property portfolio.

When he returned, Montana denied the allegation­s and stated that he only acquired four properties during his tenure at Prasa – two in Brooklyn, one in Pretoria and one in Parkhurst.

“It was said that I bought properties for R36m. I deal with it in this evidence,” he said.

Montana also claimed that his relationsh­ip with Van der Walt was above board.

He said the purchase of the four properties during his time at Prasa was not unlawful. While he admitted to being involved in the purchase and selling of the properties with Van der Walt, Montana said this was related to his business outside of Prasa which involved developing property.

Montana told the commission that the allegation­s about his properties were lies and came from a “criminal gang”, whom he says he wants to expose during cross-examinatio­n.

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