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Daily Maverick reports that it took only a few minutes on Thursday morning for the High Court in Pretoria to snatch away former Eskom CEO Brian Molefe’s million-rand pension payment.
A three-judge bench ruled not just that Molefe was not entitled to his R30-million pension from Eskom, but also that his reinstatement to his position as Eskom CEO in May 2017 was “at variance with the principle of legality”, and should be set aside. The ruling delivered by Judge Elias Matojane was short and to the point, holding that Molefe’s claim that he never resigned from Eskom, but merely mistakenly accepted early retirement, was “false” and that his pension agreement was invalid and any payments made to him “patently unlawful”. Molefe must pay back the money he has already received from Eskom within 10 days, as well as covering the legal costs of the court matter. The ruling is a smack-down to Molefe and the former Eskom board, but a victory for applicants led by the trade union Solidarity but eventually including both the Democratic Alliance and the Economic Freedom Fighters. Molefe was not in court on Thursday morning.
- Read this report by Rebecca Davis in full at Daily Maverick
- See too, Pay back the pension money, court tells Brian Molefe, at BusinessLive
Get other news reports at the SA Labour News home page