Prasa will probe chair Leonard Ramatlakane’s move into swanky company home

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 63%

Business News News

It is understood the board was not aware Ramatlakane was staying in the Prasa-owned house and that it was never informed as it should have been, even as a courtesy

The Prasa house in Newlands where board chair Leonard Ramatlakane is staying while his house is being renovated. Picture: RUVAN BOSHOFF.

This follows an exclusive story in the Sunday Times in which the newspaper reported Ramatlakane and his family had moved into the Prasa property in the expensive Cape Town suburb. The house, which cost taxpayers R2.5m to renovate over the past two years, was supposed to have been used by Prasa executives when they visited Cape Town on business.

Insiders at Prasa have said Ramatlakane’s rental of the property had caused “suspicions of favouritism” and that the deal was not above board.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Prasa inquiry into board chair for moving into posh company houseAiling state passenger rail company Prasa has instituted an internal inquiry into its chairperson Leonard Ramatlakane for occupying one of its properties in Newlands, Cape Town, while his own house is being renovated. Why does Prasa own a house in Newlands at all ? 🙄 We're coming to auction that house. Mathias Mthethwa stayed at the Table Bay Hotel Waterfront CT at R50 000 a day with his security while his house was being renovated years ago . So this is an old problem
Source: TimesLIVE - 🏆 28. / 59 Read more »

Prasa to investigate chair after he moved into agency's luxury home | BusinessThe board of the Passenger Rail Agency of SA has instituted an internal enquiry into its chair Leonard Ramatlakane following a report that he moved his family into a house belonging to the state-owned company. | News24_Business _Business Corruption and fraud in leadership, that's all we ever hear these days. _Business This one has a foot in the grave but he still cant keep his hands out of the till. Disgusting 🤢 _Business Is there not 1 honest MP or govt official?! It’s just shocking!!
Source: News24 - 🏆 4. / 80 Read more »