South Africa: 'Tears of Joy' at Molefe's Eskom Golden Handshake?
Embattled former CEO Brian Molefe will finally get his R30 million bonus that was initially withheld by Public Enterprises Minister Lynn Brown. Molefe resigned his position at Eskom after being named in the State of Capture Report by then public protector Thuli Madonsela. He then became a member of parliament. His appointment was met with strong opposition and he eventually resigned and returned to the power utility, again facing strong opposition. The minister covered for Molefe, stating that he had "taken a leave of absence". He was then forced to stand down by a court ruling. Now he can finally wipe away the tears as he gets to enjoy his "hard-earned" golden handshake.
Daily Maverick, 17 July 2017
In November 2016 a sorrowful Brian Molefe announced he would resign from Eskom "in the interests of good corporate governance" after the Public Protector proved just how chummy he… Read more »
Brian Molefe, former Eskom CEO and now a member of parliament
Public Enterprises Minister Lynne Brown has been ordered by the African National Congress to rescind the reinstatement of Brian Molefe, calling the Eskom board's actions "reckless ... Read more »
It has been confirmed that Brian Molefe, the former boss of energy giant Eskom, will be appointed to a cabinet post, despite damning evidence in the State Capture Report by former ... Read more »