JUST IN | Eskom recovers the R30m it 'unlawfully' paid to ex-CEO Brian Molefe | Fin24

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JUST IN | Eskom recovers the R30m it 'unlawfully' paid to ex-CEO Brian Molefe | Fin24
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This follows a ruling by the North Gauteng High Court in July, which confirmed that Molefe needed to pay back portion of the pension that had already been paid out to him, about R10 million.

Power utility Eskom says it has recovered the R30 million it"unlawfully" paid to its pension fund for the benefit of its former CEO Brian Molefe in 2016. , which confirmed that Molefe needed to pay back portion of the pension that had already been paid out to him, about R10 million.

The July court ruling directed him to pay R9 985 540 plus interest calculated from 31 October 2019 up to the date he pays. in connection with a multi-million rand corruption and fraud case linked to the procurement of 1 064 locomotives for Transnet in 2015. He and his three co-accused were released on R50 000 bail.In times of uncertainty you need journalism you can trust.

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Fin24 /  🏆 21. in ZA

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