Report links Dudu Myeni's son & others in Prasa deal
Thalente Myeni apparently cashed in on shares in a tender before a single new train has been built.
JOHANNESBURG - It's being reported that South African Airways (SAA) chair Dudu Myeni's son Thalente, as well as other politically-connected stakeholders in Prasa's R51 billion contract for new passenger carriages, have cashed in on their shares in the huge tender before a single new train has been built in South Africa.
_News24 _is reporting that JSE-listed tech giant EOH paid R16,5 million for 100 percent of the shares in New Africa Rail (NAR) earlier this year, which is French manufacturing giant Alstom's BEE partner in the contract.
It's understood that Thalente lists President Jacob Zuma's Johannesburg house as his home address.
According to the report, Thalente, African National Congress (ANC) tycoon Monde Africa and Sesinyi Seopela, the late former ANC Youth League leader Peter Mokaba's bodyguard, were NAR local shareholders when an Alstom-led consortium won Prasa's R51 billion contract for the supply of 3,600 new passenger carriages in 2012.
It also cites a recent Sunday Times report on a letter written by former Prasa CEO Lucky Montana, on how he apparently resisted efforts by the Guptas and Duduzane Zuma to benefit from the huge train tender.
But Thalente's inclusion as a partner to Alstom casts doubt over the success of Montana's apparent opposition to politically-connected individuals benefiting from the deal.