Sign up, start voting on articles and create your own news feeds! | Login | Create a free account

SCORPIO: The pension like no other – the truth of Brian Molefe’s R30m Eskom ‘golden handshake’ exposed



In November 2016 a sorrowful Brian Molefe announced he would resign from Eskom “in the interests of good corporate governance” after the Public Protector proved just how chummy he was with Gupta Inc. Three months later Molefe received a controversial R30-million golden handshake… err, performance bonus. No, make that a pension fund payout. Because Molefe – Eskom’s CEO at the time – got retrenched. Or resigned. Took early retirement? No, was on unpaid leave. Yeah, we all got lost in the absurdity that stopped short of maternity leave. Thanks to...

read more...

comments powered by Disqus

Published By: dailymaverick - Sunday, 16 July