Ex-CEO lied to Prasa board about R51bn rail contract, Zondo Commission told | StateCaptureInquiry
Molefe told the commission it has been difficult to gain access to details of the contracts.
According to Molefe, the board asked then Group CEO Lucky Montana for records on existing contracts and their statuses. "In respect of these contracts…the main focus was on the R51 billion which was being allocated for the manufacturing of the new locomotives," the former chair said, adding that the cost of procurement ultimately swelled by over R3 billion.
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