Prasa places 4 executives on special leave, suspension | Fin24
  • Renewables

    The govt is assessing a R160bn plan to establish the world’s largest green-energy financing initiative.

  • Biggest Jump

    Oil prices have spiked after drone attacks in Saudi Arabia disrupted global supply.

  • Fin24’s newsletter

    Sign up to receive Fin24's top news in your inbox every morning.


Prasa places 4 executives on special leave, suspension

Mar 15 2019 14:32
Lameez Omarjee, Fin24

The Passenger Rail Agency of South Africa's (Prasa) board of control has placed various executives on special leave and suspension.

According to a statement from Prasa, issued on Friday, the board had decided to act on the allegations of improper, irregular, corrupt, fruitless and wasteful expenditure against implicated employees.

The board will afford the employees their right to answer to the allegations. 

Prasa has placed on special leave company secretary Lindikaya Zide, chief information officer Chris Mbatha, CEO of Prasa corporate real estate solutions Tara Ngubane. Prasa has suspended Tumi Mohube, general manager of enterprise risk.

"The suspension or putting on special leave of four executives is to ensure a fair process based on a principle of innocent until proven guilty," interim CEO Dr Nkosinathi Sishi said.

Culture of impunity

Chairperson of the board Khanyisile Kweyama said these decisions were taken to strengthen Prasa as non-compliance with laws has impacted commuters and passengers.

"The extent of improper, fruitless and wasteful expenditure that is reported by various independent professionals shows a disturbing culture of impunity which has to be stemmed at once."

Transport Minister Blade Nzimande has previously said Prasa has been treated like an ATM. He appointed the board of control in April 2018 to serve for a period of 12 months to turn things around at the entity, Fin24 previously reported.

Recently Sibusiso Sithole stepped down as interim CEO. The board has advertised for positions for CEO, Chief Financial Officer and other key group executives.



    Company Snapshot

    Money Clinic

    Money Clinic
    Do you have a question about your finances? We'll get an expert opinion.
    Click here...

    Voting Booth

    What's your view on deep sea mining?

    Previous results · Suggest a vote