Former Eskom CEO Brian Molefe has to ‘Pay back the Money’

  • The South African Constitutional Court has dismissed former Eskom CEO Brian Molefe’s leave to appeal against the high court decision which ruled that he must pay back R10 million as part of a R30m pension package he received from the power utility. 
  • A previous Pretoria High Court found that he had “enriched” himself unlawfully from the Eskom Pension Fund, labour union Solidarity said in a statement on Wednesday.
  • Molefe was ordered to pay almost all of Solidarity’s costs.

Solidarity announced yesterday that the Constitutional Court has rejected former Eskom CEO Brian Molefe’s leave to appeal a Pretoria High Court ruling that he had “enriched” himself unlawfully from the Eskom Pension Fund. Solidarity will immediately institute action to collect the cost order and to ensure that the R10 million Molefe had plundered from the Eskom Pension Fund is paid back.

“Brian Molefe tried to use litigation to shirk his responsibilities but should have realised himself that he had to pay the cost order,” said Solidarity COO Dr Dirk Hermann.

Molefe is part of a corrupt cabal of cronies that include ex Eskom Chairman Ben Ngubane, ex CFO Anoj Singh and ex CEO Matshela Koko who systematically plundered the state energy utility by feeding confidential company information to third parties in order for them to exploit business opportunities with the utility. Read more

Hermann contends that this ruling by the Constitutional Court paves the way for Solidarity to proceed with further criminal proceedings against Molefe.

Related news: Koko the Energy Clowns Days are Numbered

Author: Bryan Groenendaal

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