'Prasa board was axed to steer fraud investigations off track'

Fired Prasa board chairman Popo Molefe has come out claiming that Minister of Transport Dipuo Peters dissolved the parastatal's board to protect former acting CEO Collins Letsoalo.

Molefe also alleges that the Prasa board was dissolved on Wednesday in a bid to halt the investigations into fraud and corruption.

Investigative reporter Pieter-Louis Myburgh explains that the ruptions between the Transport ministry and Molefe's office have been bubbling since last year.

Minister Peters started making noises that she is not happy with Molefe's ongoing probes into Prasa's multi-billion rand contracts in mid 2016.

Pieter-Louis Myburgh, Investigative reporter at News24

Myburgh believes Molefe was beginning to uncover high-level details in the investigations into Prasa's irregular tender deals.

Molefe's board has been getting close to some every sensitive information about monies flowing out of the massive Prasa contracts to politically-connected people.

Pieter-Louis Myburgh, Investigative reporter at News24

Myburgh started looking into Prasa in 2015, investigating dodgy transactions which connected former Prasa CEO Lucky Montana with rail tenders, other politically-linked service providers, and even President Jacob Zuma.

It's reported that the forensic investigations have revealed irregular contracts worth billions awarded to various suppliers and service providers.

There's a can of worms that's being uncovered here (at Prasa) and there are very powerful people who are desperate to quash these investigations.

Pieter-Louis Myburgh, Investigative reporter at News24

Take a listen to him unpack what he calls the pillaging at Prasa and the latest developments:


This article first appeared on CapeTalk : 'Prasa board was axed to steer fraud investigations off track'


702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
Prasa board mishandled Letsoalo's dismissal,  Parly committee on transport

Prasa board mishandled Letsoalo's dismissal, Parly committee on transport

Parliament's Portfolio Committee on Transport chairperson says the dismissed Prasa board has failed to ensure service delivery.

Transport Minister is protecting someone by dissolving Prasa board: Popo Molefe

Transport Minister is protecting someone by dissolving Prasa board: Popo Molefe

The dismissed chairperson of Prasa opens up about the reasons that could've led to the dissolution the board.

Prasa board fired, future uncertain for Hawks probe into money trail

Prasa board fired, future uncertain for Hawks probe into money trail

Prasa's board has been dissolved with immediate effect. But what does this mean for pending investigations into tender scandals?

Sacked Collins Letsoalo hijacks briefing to accuse Prasa board of lies

Sacked Collins Letsoalo hijacks briefing to accuse Prasa board of lies

The Parly briefing was meant to discuss the status of Metrorail services, but axed acting Prasa CEO hit back at the board instead.

Prasa appoints new acting CEO after ousting Collins Letsoalo over pay hike

Prasa appoints new acting CEO after ousting Collins Letsoalo over pay hike

The Passenger Rail Agency of South Africa has appointed Lindikhaye Zide to replace axed acting CEO Collins Letsoalo.

 Collins Letsoalo: Prasa board can't fire me

Collins Letsoalo: Prasa board can't fire me

Collins Letsoalo was dismissed as the Prasa acting group CEO, but says only minister of transport can terminate his contract.

Collins Letsoalo suspended employee who raised alarm over salary irregularity

Collins Letsoalo suspended employee who raised alarm over salary irregularity

Former Prasa acting CEO hired someone who wrote to Dept of Transport saying Prasa board approved increase.

Prasa acting CEO denies 350% salary increase, cites plot to discredit him

Prasa acting CEO denies 350% salary increase, cites plot to discredit him

Collins Letsoalo admits he receives a board approved cost to company package of R5.9 million per annum.

Prasa's Popo Molefe paid back the money

Prasa's Popo Molefe paid back the money

Chairperson of the Prasa Board explains why he paid back the money following an order by Minister of Transport.

Prasa's Popo Molefe says R80 million went to ANC from Prasa train contract

Prasa's Popo Molefe says R80 million went to ANC from Prasa train contract

Pieter-Louis Myburgh, News24 investigative journalist says Popo Mplefe seems determined to sort out this mess, but ANC deny claims

Prasa told to stop its ongoing investigations into tender contracts

Prasa told to stop its ongoing investigations into tender contracts

Minister Dipuo Peters is concerned over the cost incurred by this ongoing investigations says reporter.

Prasa: Molefe says board will act on Madonsela's findings

Prasa: Molefe says board will act on Madonsela's findings

Prasa Chairperson, Dr Popo Molefe, speaks to 702's John Robbie about the remedial actions recommended by Public Protector Thuli Madonsela.

Molefe responds to Madonsela's Prasa report

Molefe responds to Madonsela's Prasa report

Passenger Rail Agency of SA chairperson Popo Molefe says the board was shocked by Public Protector Thuli Madonsela's damning findings as they only found out about the investigation in March this year.

Popular articles
South Africans Doing Great Things |  Nkosinathi Nkomo

South Africans Doing Great Things | Nkosinathi Nkomo

Wasanga speaks to Co-founder of AquaRenu, Nkosinathi Nkomo about turning a problem into an opportunity.

Dr Mbuyiseni Ndlozi opens up about his thesis

Dr Mbuyiseni Ndlozi opens up about his thesis

Ndlozi explains the significance of the the first chapter of his thesis: 'Trauma in the archives'.

German prosecutors probing Steinhoff CEO Markus Jooste (for accounting fraud)

German prosecutors probing Steinhoff CEO Markus Jooste (for accounting fraud)

The Money Show’s Bruce Whitfield interviews Steinhoff International Chairperson Christo Wiese.

Is it normal to have a curved penis? Dr Shingai explains

Is it normal to have a curved penis? Dr Shingai explains

Urologist Dr Shingai Mutambirwa says penile curvature is only a concern if it impedes a man's ability to have penetrative sex.

Who is Advocate Tembeka Ngcukaitobi?

Who is Advocate Tembeka Ngcukaitobi?

The EFF lawyer stole the show during the state capture report court battle.

Meet Shoprite’s Christo Wiese, ruler of retail (and 3rd richest African)

Meet Shoprite’s Christo Wiese, ruler of retail (and 3rd richest African)

Bruce Whitfield interviews the remarkable Wiese (net worth R100 billion!) about how it all began and where it’s going.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?