A third suspended Eskom executive has resigned, the power utility announced on Thursday.<\/p>\n
Eskom said that it and finance director Tsholofelo Molefe have agreed to part ways on an amicable basis.<\/p>\n
On March 12, Eskom\u2019s former chairperson Zola Tsotsi placed four senior executives, including former CEO Tshediso Matona, on suspension when he announced an inquiry into the utility.<\/p>\n
Matona initially challenged the suspension in the Labour Court, but decided to resign on May 18.<\/p>\n
The other executives were group executive for group capital Dan Marokane, who resigned on June 1, and technology and commercial head Matshela Koko, who remains on suspension.<\/p>\n
Ben Ngubane has since been made acting chairperson, while Transnet CEO Brian Molefe was seconded as acting Eskom CEO.<\/p>\n
The public will remain in the dark about any financial settlement reached with the executives until Eskom’s next 2015\/2016 financial report in 2016.<\/p>\n
Eskom told Fin24 that the settlements were confidential and that any financial consequence of the resignations would only be made public in the next financial report in 2016.<\/p>\n
\u201cMolefe is and was never suspected of any negligence, misconduct or wrongdoing,\u201d Eskom said in a statement on Thursday.<\/p>\n
\u201cBoth parties believe that the agreement to separate is in the best interest of Eskom, to allow the board to pursue its plans for the company under the current leadership.<\/p>\n
\u201cWith the separation, the inquiry initiated by the board into the state of affairs at Eskom will continue as planned, and Ms Molefe\u2019s suspension falls away.<\/p>\n
\u201cThe separation is also by no means in anticipation of the outcomes of the inquiry, the latter whose objective is to enable the organisation to deal with its challenges.\u201d<\/p>\n
Molefe joined Eskom in July 2005 and held executive leadership roles in transmission, finance, customer services and, lately, as finance director.<\/p>\n
\u201cEskom thanks Ms Molefe for her contribution during her term at Eskom and wishes her well in her future endeavours,\u201d it said.<\/p>\n
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