Prasa’s missing billions

Kevin Lancaster

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Prasa’s missing billions

The Passenger Rail Agency of South Africa has incurred R13.9 billion in irregular expenditure and contracts worth R24 billion are being investigated for corruption.
 
Let's see how quickly this thread gets buried. No mention of whites being racist, hence no interest.

Speaking to Business Day TV, David Shapiro, deputy chairman at Sasfin Securities, said an enormous amount of money has been spent without any idea of where it has gone.

“Has it gone to Porches, Lamborghinis, or a new house? Where is the money?” asked Shapiro.

“You know how many students we can educate on R14 billion,” he stated.

David S that R14 billion will still not help as students are not really interest in being educated. The ANC/EFF promises them things for free which was allegedly stolen from them by the white man. Why work for it?
 
The ANC doesn't care.... and their voters don't care.... so why should we care?

How many houses can be built for R38 Billion?
If you are the ANC then only 38.
 
Western thinking, Africa isn't affected by corruption at all..
 
The ANC doesn't care.... and their voters don't care.... so why should we care?

How many houses can be built for R38 Billion?
If you are the ANC then only 38.

Would it not be better to use 1 billion to build houses and the rest to create infrastructure that would allow other to buy their own houses. Something like that
 
Would it not be better to use 1 billion to build houses and the rest to create infrastructure that would allow other to buy their own houses. Something like that
You misunderstood. The 38x R1b houses are for the ANC cadres, not for the voters.
 
Absolutely sickening, these fkers must be held accountable and jailed.
 
No surprises here.
Prasa is another state controlled company with a bunch of pos corrupt cadres running it.

They can join the ranks of SABC and SAA.
 
To think how much nicer the commute into town would be if the train actually worked - if it was on time, clean and safe between Century City and Town :( Basically if it was the Gautrain :(
 
“Has it gone to Porches, Lamborghinis, or a new house? Where is the money?” asked Shapiro.

Some of it went to Jack Daniels, the rest they wasted.
 
ANC is more concerned about racist posts by whites on FB people. Get with the program!
 
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