Eskom recovers R30m unlawfully paid to Brian Molefe's pension fund

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Eskom has recovered R30 million unlawfully paid into its pension and provident fund to boost Brian Molefe's pension.

This comes after a High Court re-affirmed an earlier judgment setting aside an early retirement agreement between Molefe and Eskom. The R30 million was paid into the pension and provident fund in 2016. But, in July this year, the Pretoria High Court reaffirmed a 2018 High Court judgment which compelled him to pay back the money. On Wednesday morning, the power utility confirmed that funds had been paid back.

 

Brian Molefe resigned late in 2016 and took early retirement from the utility, however, millions were at stake. But the Democratic Alliance (DA) and the trade union Solidarity took the matter to court. In January 2018, the North Gauteng High Court ordered the former CEO to pay back the millions used for his pension. A ruling which was reinforced in July this year. In a brief statement, Eskom confirmed that it fully recovered the R30 million and said that it would not be commenting any further on the matter.Democratic Alliance

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