Salt River, Cape Town  12 September 2024

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Prasa’s Spanish supplier paid R75m ‘consulting’ fees to Montana’s ‘friend’

The Spanish manufacturer of Prasa's controversial Afro4000 locomotives failed to disclose payments of over R75m made to a former colleague and "friend" of the embattled state-owned company's former CEO, after National Treasury asked the European rail company about its financial ties with local "subcontractors" and "partners". News24 can today reveal that Vossloh España, the supplier of the ill-fated trains to the Passenger Rail Agency (Prasa), paid altogether R75m to S-Investments, […]

today15 January 2018

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