The Special Tribunal of South Africa has issued an order freezing two properties valued at approximately R16 million linked to Lucky Montana, the former chief executive officer of the Passenger Rail Agency of South Africa (PRASA). The legal action was initiated by the Special Investigating Unit (SIU), which sought the preservation order as part of ongoing efforts to recover assets allegedly acquired through irregular financial dealings.
The freezing of these assets follows a series of investigations into corruption and mismanagement within the state-owned rail agency. The SIU’s intervention is part of a broader mandate to reclaim public funds and hold former officials accountable for their roles in procurement irregularities. The court order prevents the sale or transfer of the properties while the investigation and subsequent legal proceedings continue.
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