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Eskom changes statement on Brian Molefe's resignation

12 May 2017 8:36 AM

Eskom board confirmed that Brian Molefe has resigned as a member of Parliamen, and will return to Eskom on Monday.

Financial Mail deputy editor, Sikhonathi Mantshantsha, says Eskom has changed its statement on Brian Molefe's resignation as the chief executive officer of the power utility.

Mantshantsha says Eskom told Business Report that Molefe "had applied for early retirement".

In his resignation statement, Molefe said he resigns from Eskom "voluntarily in the interest of good cooperative governance".

Eskom board spokesperson, Khulani Qoma, confirmed that Molefe will return to Eskom on Monday.

Also read: Brian Molefe to return to Eskom helm on Monday

If you thought they can shock you no more, you had to get this Brian Molefe coming back.

Sikhonathi Mantshantsha, Financial Mail deputy editor

This is what I'm being told and of course I could not confirm it with Eskom; He was asked to leave by the board in November, and they reached an agreement to pay him R30 million. And when Lynne Brown could not support that, then that deal fell through.

Sikhonathi Mantshantsha, Financial Mail deputy editor

The main thing to ask here is that Eskom had said he resigned, and now Ben Ngubane [Eskom board chairperson] tells Business Report that he had asked for early retirement.

Sikhonathi Mantshantsha, Financial Mail deputy editor

Molefe resigned as the Eskom CEO last year a week after the release of the damning Public Protector's state capture report, which claimed that he visited the controversial Gupta family on several occasions.

Listen to the full interview with Sikhonathi Mantshantsha below...


12 May 2017 8:36 AM