Mbasa Gqokoma
03 August 2015
At its meeting on Thursday, the Prasa
board received and adopted the Passenger Rail Services of South Africa’s
2014/15 Financial Statement and the Auditor General’s Report which it will soon
submit to the Minister of Transport.
The board has however, noted with
concern the report tabled by the Auditor General pertaining to more than R700
million of irregular expenditure.
Prasa’s spokesperson Sipho Sithole
said the Auditor General has reported that there has been some irregularities
of expenditure as well as fruitless and wasteful expenditure and the board has
vowed it will investigate at this stage.
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