S/African opposition Cope threatens to bar Molefe from Eskom

S/African opposition Cope threatens to bar Molefe from Eskom

S/African opposition Cope threatens to bar Molefe from Eskom

He said it was common cause that Molefe was deeply and fundamentally connected to the Gupta family, "the chief suspects in the capture of state institutions and enterprises for their own personal benefit".

Returning Eskom CEO Brian Molefe has made his way back to the power utility's headquarters, dancing along to a raucous welcome back from Eskom employees.

The return of Molefe, an ally of President Jacob Zuma, is likely to deepen divisions within the ANC ahead of a conference in December where the party will choose its next leader.

This comes after Eskom on Friday confirmed that Molefe will return as CEO at the power utility despite stepping down to "clear his name" in November past year in the wake of allegations of possible impropriety levelled against him in the public protector's report into state capture.

Bloem said discussions with other political and civic organisations to join in this action were "at an advanced stage". We don't want Brian Molefe back at the helm of CEO.

"It is totally unacceptable that this government is treating our people with disrespect and taking people for fools. The board's recommendation hinges on the premise that it will be a lot cheaper to reappoint Molefe than having to pay him R30m", says Andre Venter of trade union, Uasa.

The party is seeking three orders: to declare Molefe incompetent to be CEO of Eskom or any other state-owned entity; for the Eskom [board] to be dissolved for its irrational decision; and to set aside the minister's endorsement of the board's decision. This after the legal firm appointed to probe a possible conflict of interest against him has asked for more time to complete its investigation.

The move has been met with anger from political parties, including the ANC.

The spectacular turnaround was prompted by Public Enterprises Minister Lynne Brown's objection to the board's proposal to fork out R30 million for Molefe's pension payout.

"The evidence ... shows that Mr Molefe did not take early retirement, but that, in fact, he resigned".

While Professor Raymond Parsons of the North West University School of Business & Governance, says this raises questions of credibility around the previous commitments to good governance and sound financing of SOEs like Eskom, given the particular circumstances which led to Molefe's voluntary but understandable departure from that organisation a few months ago.

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