Public Enterprises Minister Lynne Brown has turned down a request by energy provider Eskom,to pay former CEO Brian Molefe a settlement fee of R11.2 million.<\/p>\n
It comes after Eskom’s board agreed to pay Molefe a R30 million \u201cearly retirement package\u201d in April, which Brown also turned down.<\/p>\n
Molefe headed up Eskom for 18 months before he resigned in December, after being \u201cimplicated in former public protector Thuli Madonsela\u2019s State of Capture report\u201d, the Sunday Times reported.<\/p>\n
Outa has also opened a criminal case against Molefe for fraud and contravening the Public Finance Management Act and company law.<\/p>\n
Eskom\u2019s interim board chairman Zethembe Khoza reportedly wrote to Brown stating that the R11.2 million payment to Molefe was \u201cfair\u201d.<\/p>\n
But Brown said \u201cthere is no basis to support a settlement with Mr Molefe\u201d.<\/p>\n
The news of the proposed bonus comes after Outa stated that \u201cfat cats and corruption\u201d have driven up the price of electricity in South Africa.<\/p>\n
It was also recently reported that Eskom wanted to pay employees a \u201cwinter challenge\u201d bonus for keeping the lights on during winter this year.<\/p>\n