Molefe's resignation a setback for black excellence - Sanco

2016-11-12 08:40
Out-going Eskom CEO Brian Molefe.

Out-going Eskom CEO Brian Molefe.

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Johannesburg – Eskom CEO Brian Molefe's resignation is a setback for black corporate excellence, the South African National Civic Organisation (Sanco) said on Friday.

Molefe resigned following the recent release of former public protector Thuli Madonsela's report, in which he is mentioned numerous times.

"Though it is premature to assume that the move was prompted by the public protector's state capture report, the timing of the resignation which coincides with its release suggests that those fingered in it might be beginning to appreciate its gravity and implications," spokesperson Jabu Mahlangu said in a statement.

Mahlangu said he hoped the judicial commission into "state capture" would reveal whether Molefe was involved in tender irregularities and whether his relationship with the Gupta family compromised "good governance and sound financial management".

"Molefe was one of the best administrators in the public service and state-owned enterprises (SoEs) whose skill, experience and expertise were still needed to steer the public electricity utility towards efficiency and sustainability through its turnaround strategy," Mahlangu said.  

Molefe featured extensively in the State of Capture report, which was released following a court order.

The report included damning details on the relationship between Molefe and the controversial Gupta family.

Molefe and Ajay Gupta, the eldest of three Gupta brothers, made 58 telephone calls to one another between August 2015 and March 2016, according to the report.

Molefe is set to leave the power utility on January 1, 2017.

Read more on:    sanco  |  eskom  |  thuli madonsela  |  johannesburg  |  state capture report

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