The acting chief executive of SA’s cash-strapped train operator Prasa, Nkosinathi Sishi, is on the verge of signing an agreement that not only flouts all statutes governing the utility, but will also expose the firm to almost R5-billion of unauthorised and irregular expenditure...
New Prasa boss on verge of signing murky multibillion-rand deal?
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John Ashworth
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New Prasa boss on verge of signing murky multibillion-rand deal?
New Prasa boss on verge of signing a murky multibillion-rand deal
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John Ashworth
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- Posts: 23606
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Re: New Prasa boss on verge of signing murky multibillion-rand deal?
Prasa denies dodgy deal
The Prasa board denies that Group CEO Nkosinathi Sishi has signed or entered into any agreements without its knowledge.
The board says it respects and abides by the Public Finance Management Act regulations and the Constitution...