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“Brian Molefe does not deserve the R30 million ‘handshake’ ” – DA

Former Eskom CEO, Brian Molefe sworn in as ANC MP in parliament by the Speaker Baleka Mbete
Former Eskom CEO, Brian Molefe sworn in as ANC MP in parliament by the Speaker Baleka Mbete | Pic Credit: Twitter..

The Public Protector, Advocate Busisiwe Mkhwebane, to investigate the former Eskom CEO, Brian Molefe, for the alleged R30 million ‘golden handshake’ he received from the power utility following his unfortunate departure last month.

The official opposition party Democratic Alliance (DA) has made an official request to the Public Protector to investigate the former Eskom boss after it emerged that the Eskom board approved a R30 million pension payout to Molefe after only 18 months as CEO of Eskom.

According to Mmusi Maimane’s party this investigation is long overdue Following the public outrage surrounding the irregular “golden handshake” which later became a “performance bonus”, and then a “pension payout

“This outrageous payout is a gross abuse of public funds, especially after Molefe resigned “in the interests of good corporate governance” after his close ties to the Guptas were revealed in the damning State of Capture Report.” said DA.

“Molefe does not deserve the R30 million. In fact, he does not deserve a single cent. He must pay back every dime of the R30 million to Eskom.

“Eskom is in deep financial trouble and the R30 million could go a long way in bringing much-needed stability at the power utility.

“It is unacceptable that an individual such as Brian Molefe, who sits deeply in the pockets of the Guptas, is rewarded not for doing a good job for the people of our country, but is paid millions for serving the interests of one family.”

The DA says it will continue to fight to root out the deeply entrenched corruption at Eskom.

“South Africans deserve public servants who work to improve their lives, not individuals who are only interested in lining their own pockets.”

Lynne Brown insist she “was not aware” Molefe had not resigned

Eskom announced its financial results at MegaWatt Park in Johannesburg last-week on  Wednesday following the postponements.

In its annual report of 2015/16, Mr. Molefe earned R6.973m since his appointment up until the end of the financial year on March 31 2016.

Minister orders Eskom Board to cancel Molefe’s reappointment

Molefe was forced out of Eskom in his second term following Public Enterprises Minister Lynne Brown’s intervention after he was reinstated as Eskom CEO.

Brain Molefe to challenge his sacking from Eskom top job