# SIU Freezes Montana’s Luxury Properties | Johannesburg News

Page: https://stenobird.com/podcast/johannesburg-news-today-2-min-news-the-daily-news-now-7622176/siu-freezes-montana-s-luxury-properties-johannesburg-news
Text version: https://stenobird.com/podcast/johannesburg-news-today-2-min-news-the-daily-news-now-7622176/siu-freezes-montana-s-luxury-properties-johannesburg-news.md
Podcast: [Johannesburg News Today | 2 Min News | The Daily News Now!](https://stenobird.com/podcast/johannesburg-news-today-2-min-news-the-daily-news-now-7622176)
Published: 2026-07-27T04:17:34+00:00
Episode link: https://sources.thednn.ai/68639ff20a7b3b9d
Audio file: https://api.fastcast.ai/audio/a27893ed-d609-4161-b91d-ff9e82dfaa5d.mp3
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Duration seconds: 127

## Resource

Two luxury properties worth over R15 million linked to former PRASA CEO Tshepo Lucky Montana have been frozen by the SIU, as part of a major probe into a R5.6 billion security contract that allegedly funneled state funds through shell companies into Montana’s name. Investigators say his declared income can’t explain the purchases, revealing a complex money trail involving TMM Holdings and Precise Trade. The Special Tribunal has ordered the assets preserved pending civil recovery, with Montana and others set to appear in court in August 2026. The SIU vows to recover lost funds and pursue criminal charges if warranted, marking a critical step in its fight against corruption within PRASA. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/68639ff20a7b3b9d

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