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Brian Molefe returns to Eskom
NEWSWATCH: Khulani Qoma, spokeperson for the Eskom board, has confirmed that Brian Molefe's application for early retirement has been rescinded and that he is to return to Eskom as its CEO as of Monday, 15 May.
Molefe had left Eskom voluntarily last November after the State of Capture report revealed close to 60 calls exchanged with a member of the Gupta family, raising questions about his proximity to the family and the Tegeta-Optimum coal mine deal signed with the power utility.
Molefe had said at the time that his resignation was in “the interest of good corporate governance”.
Lynne Brown, Minister of Public Enterprises, had objected to a pension payout of R30m last month and instructed that the board and Molefe find a "mutually acceptable pension proposal". His return as CEO follows after such an agreement could not be reached.
The ANC, meanwhile, has condemned the decision calling it both "unfortunate and reckless".
Listen to Xolani Gwala speak to Eskom board spokesperson Khulani Qoma on 702:
For more:
- Brian Molefe to return to head Eskom via IOL
- ANC condemns reinstatement of Molefe as Eskom CEO via EWN
- Brian Molefe to return as CEO of Eskom via TimesLive
- Brian Molefe to return as Eskom CEO vis TechCentral
