Eskom claws back R30m illegally paid into former CEO Brian Molefe’s pension fund

The R30 million was paid into the pension and provident fund in 2016.

FILE: Brian Molefe, former CEO of Transnet and Eskom Photo: Reinart Toerien/Eyewitness News

DURBAN – Eskom said it had fully recovered the funds illegally paid to its former CEO, Brian Molefe.

The R30 million was paid into the pension and provident fund in 2016.

But, in July this year, the High Court in Pretoria upheld a 2018 High Court judgment which required him to repay the money.

On Wednesday morning, the electric utility confirmed that the funds had been refunded.

Eskom said it had fully recovered millions illegally paid into the pension and provident fund of its former boss, Molefe.

Molefe resigned at the end of 2016 and took early retirement from public service, but millions were at stake.

But the Democratic Alliance (DA) and the Solidarity union took the case to court.

In January 2018, the North Gauteng High Court ordered the former CEO to repay the millions used for his pension.

A decision that was reinforced in July of this year.

In a brief statement, Eskom confirmed that it had fully recovered the R30 million and said it would not comment further.

Dolores W. Simon