Things not 'hunky-dory' at Prasa, admits acting CEO

The scope of a forensic audit into the embattled Passenger Rail Agency of South Africa (Prasa) has been widened and now includes probes into R24-billion in contracts, the rail company’s acting chief executive Collins Letsoalo told MPs on Wednesday. Letsoalo, Prasa board chairman Popo Molefe, and other members of the state-owned company’s executive were called to Parliament’s standing committee on public accounts to answer questions on R13.9-billion in irregular expenditure identified by the Auditor-General and another R255-million in fruitless and wasteful expenditure.