Brian Molefe, third time unlucky, over Eskom pension payout appeal

thechamp

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Former Eskom CEO Brian Molefe has lost his third appeal regarding R11m he received from Eskom, part of a R30m pension agreement that was paid to him when he left the state-owned entity. According to a statement issued by trade union Solidarity, one of the respondents in the matter, Molefe’s application for leave to appeal was dismissed for the third time with a punitive cost order.

Molefe's lawyer, Barry Farber, declined to comment on Wednesday evening
https://m.fin24.com/Economy/Eskom/brian-molefe-third-time-unlucky-over-eskom-pension-payout-appeal-20190424
 

Lupus

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Honestly so what? Has the big chief paid back any moneys? Has anything happened to him or any of the other cronies. If you're serious about corruption do something about it, actually jail them and extract the money some other way by selling assets.
 

Candystore

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So is the allegation then that he is entitled to a pension of only R19M? Or why is the R11M at issue?
 

R13...

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If I understand correctly, he got paid out R11 million, the R19 million was not received. He must pay back the R11 million.
Yes read like it. Not sure why he's fighting so hard, he must have made 10s if not 100s of millions stashed from helping the Guptas capture transnet and then Eskom.
 

ToxicBunny

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Yes read like it. Not sure why he's fighting so hard, he must have made 10s if not 100s of millions stashed from helping the Guptas capture transnet and then Eskom.
He doesn't strike me as very money savvy, so he probably doesn't have much to his name anymore... and that R11m he was paid has been spent as well is my guess.
 

The_MAC

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Yes read like it. Not sure why he's fighting so hard, he must have made 10s if not 100s of millions stashed from helping the Guptas capture transnet and then Eskom.
Its called greed, and it has no end or limit..
 

krycor

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shame.. that’s strike 3 so no more appeals unless new evidence brought which changes case.
 

dlk001

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Most of that cash was going to be spent at the Saxonwold Shebeen
 

The_MAC

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Shame Bru, now that you have no options, wipe your eyes, your snot off your nose, roll up your sleeves and go and do some proper economy-benefiting work, thats if you know how..
 

evilstebunny

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WTF is this dirty ANC cadre allowed to keep the bulk of the R30M, and WTF isn't he being prosecuted for his role in state capture?
You already know why..

Can't say it out loud tho, whitey criticising the majority earns himself a racism badge.

Ps. I'd give him the 11 bar just for his acting alone, those tears were so real you'd almost believe he was really sorry that he was caught out..
 
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ToxicBunny

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WTF is this dirty ANC cadre allowed to keep the bulk of the R30M, and WTF isn't he being prosecuted for his role in state capture?
Just for completeness sake, he wasn't paid the whole R30m, just R11m which he is fighting to not have to pay back...

His role in state capture is a different story though.
 

Chuckmyster

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does no one here understand how it works?
no SOE is going to jail, ever !
it will make the ANC look incompetent :)
 

TysonRoux

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Just for completeness sake, he wasn't paid the whole R30m, just R11m which he is fighting to not have to pay back...

His role in state capture is a different story though.
If that's the case, it's p!ss poor reporting.
 
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