Breaking News! Eskom’s Group CEO, Brian Molefe Resigns


The South African electricity public utility (Eskom) Group chief Executive Officer, Brian Molefe, has officially resigned.

The power utility boss who had hard times following the release of the controversial State capture which had him implicated in it, has officially announced his decision to leave saying this is necessary for the benefit of Eskom and the country as a whole.

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A spokesman for the state-owned electricity utility, Khulu Phasiwe said in a series of messages posted on Twitter that Molefe is stepping down of his own volition and that this will take effect from 1 January 2017.

“Mr. Brian Molefe says he’ll take time off to reflect before deciding on his next career move,” Phasiwe said. “[He] says stepping down was not an act of admission of wrongdoing on his part.”

Thuli Madonsela’s State capture report showed that Molefe and the eldest of the Gupta brothers, Ajay Gupta, made 58 telephone calls to each other in an eight-month period ending in March 2016.

Reacting to this, Molefe said Madonsela failed to put intended harmful disclosures to him first, as required by law. “She has effectively deferred my constitutional right to be heard to a future date, and to a further body, which she has ordered others to assemble.

“If such a body is indeed by law to be assembled, and carry out the task, it will not be for some time — as recent experience indicates.

“In the meanwhile, harm is done — to the institution it has been my honour to lead in the most difficult times, to its reputation and to my own…

“I am confident that, when the time comes, I will be able to show that I have done nothing wrong and that my name will be cleared. I shall dedicate myself to showing that an injustice has been done by the precipitate delivery of ‘observations’, following an incomplete investigation, which the former public protector has drawn back from calling ‘findings’. The truth will out,” Eskom chief, Brian Molefe stated.

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Brian Molefe Media Statement reads:

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