Molefe did the right thing by resigning from Eskom - energy expert

Energy expert and MD of EE publishers, Chris Yelland, says Eskom CEO Brian Molofe has done the right thing by resigning as Eskom will be facing the judicial commission of inquiry into state capture.

Today Molefe announced his resignation, but said it is not an admission that he is guilty of the allegations revealed in the Public Protector's report. He said his resignation is in the interest of Eskom and the public.

There will be a lot of dirty washing and new facts coming out. We haven't seen half of it.

Chris Yelland, energy expert and MD of EE publishers

We should be hoping that a new strong CEO will be appointed as quickly as possible. I have a feeling that this person will not come from the board or within Eskom's executive management. Because I thought the board and executive are deeply compromised.

Chris Yelland, energy expert and MD of EE publishers

Molefe's resignation follows Public Protector's State of Capture report revealed that Molefe exchanged 58 calls with Ajay Gupta when Gupta companies were trying to buy a company that supplies Eskom, and visited the family 19 times.

The report also stated that Eskom might have repeatedly broken the law to accommodate the Gupta family-owned Tegeta Resources.

Molefe then criticised former Public Protector Thuli Madonsela saying she did not give him enough time to respond to allegations.


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