Eskom has been repaid the R30 million unlawfully used to boost former CEO Brian Molefe’s pension payout.
Eskom has confirmed that it successfully recovered the R30 million unlawfully paid to the Eskom Pension and Provident Fund in 2016 for former CEO Brian Molefe.
As stipulated in the agreement, Eskom paid approximately R30 million to the EPPF to boost Molefe’s retirement pension payout. Molefe has been in the spotlight recently over allegations of his involvement in State Capture, which the Zondo Commission of Inquiry is investigating. Allegations include that the executives had siphoned millions from the transaction to various Gupta-linked companies in 2015.
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