15 January 14:33
15 January 14:22
15 January 14:19
The sitting resumes. Zondo informs the house that the proceedings cannot continue due to the fact that he has received news that somebody who works very close to him has tested positive for Covid 19. He says he will need to isolate.
15 January 13:10
15 January 13:02
Zondo draws Molefe to the evidence of Mcebisi Jonas, where he spoke about a meeting that took place at the Gupta home. The meeting was attended by Duduzane Zuma, Fana Hlongwane and one of the Gupta brothers.
During the meeting, one Gupta brother, whose name Jonas could not remember mentioned to him that 'Brian Molefe's career was being taken care of'.
Molefe: I can't comment on that. I can't say that my career was taken care of by the Guptas. I was responsible for my career.
15 January 12:42
About his move secondment to Eskom, he says the move was facilitated by former public entreprises minister Lynne Brown.
Brown first asked him if he would consider going to Eskom if asked.
15 January 12:38
15 January 12:28
Molefe: I saw nothing wrong or abhorrent about going to their house.
"I saw no reason to treat them like lepers."
15 January 12:21
In explaining his relationship with the Guptas, Molefe starts by telling a story of the difficulty experienced by black people including black entrepreneurs in accessing capital. He says when the sale of Nedbank came up, him and a group of black business people saw the sale as a possible opportunity to establish a black-owned bank. However, the proposal of buying Nedbank was turned down by the Reserve Bank, he says.
During that process I was alerted of an Indian family that had relocated to South Africa. The family linked me with a possible funder in India.
"They were prepared to buy into a vision of creating a bank for black people."
He estimates that he started knowing the Gupta family around 2008.
15 January 12:07
Adv Seleka asks Molefe to explain his relationship with Salim Essa and the Gupta brothers and how he knows them. He says he does not know Essa. " I don't know what he looks like."
"The Gupta brothers, I know all three of them, especially Ajay Gupta. I have been to their house on numerous occasions and attended their family gatherings. I know them well."
He says he wouldn't say he doesn't know them as it is now fashionable to say so.
15 January 11:55
15 January 11:45
15 January 11:31
Molefe: Ramaphosa's involvement with Glencore allowed him to be used for his political standing and he knows that.
He sys Glencore was a multibillion company and Cyril Ramaphosa a BEE partner of the company. Glencore arrogantly came to Eskom to say "we want to increase the price by more than triple from R150 per tonne to R530 per tonne"
15 January 11:20
Molefe: After my arrival, the team at Eskom managed to halt loadshedding.
"There was no loadshedding at Eskom for three years. Loadshedding came back after Cyril Ramaphosa was elected president after the R1 billion conference," he say referring to the ANC elective conference in Nasrec in December 2017.
15 January 11:07
Molefe: I was uncomfortable with the war room and stopped attending its meetings.
He also says he was "relieved" when former president Jacob Zuma closed it and gave Eskom a chance to save the company.
"The less said Pravin Gordhan the better," he says referring to his leadership role in stemming Eskom woes.
15 January 11:04
"When I arrived at Eskom there was a de facto board in the form of a war room that was run from the office of the deputy president.
There was a "de facto board that was outside of the company" and the management of Eskom was preoccupied with compiling status report for the war room. He says the war room was chaired by Ramaphosa making him the "de facto chairperson of the board".
"I quickly realised that the war room was not about fighting Eskom and turning Eskom around".
15 January 10:56
15 January 10:49
15 January 10:41
15 January 10:34
15 January 09:46
Molefe joined Eskom as CEO in 2015 after four of the power utility's top executives - including its CEO and CFO, were abruptly suspended, ostensibly to allow an hastily-arranged inquiry into the company to take place without their interference.
No allegations of wrongdoing had been levelled against the four at the time, and all were cleared of wrongdoing. Only one, Matshela Koko, returned to Eskom.
The utility's ex-chairperson, Zola Tsotsi, told the inquiry in September that he believed the Gupta family orchestrated the ouster of the four senior officials to make way for their acolytes to enter Eskom's senior leadership.
15 January 09:46
The inquiry has already heard testimony about Molefe in his role as the CEO on Transnet between 2011 and 2015.
This included evidence by his former driver that he allegedly received bags of cash from the Gupta family during his many visits to their home in Saxonwold.
Molefe at the time accused the witness of lying.
"I hope the Zondo commission will give me a proper right to reply. I have asked to come to the commission, and they have said to me that they will let me know when I will be scheduled, in the meantime I continue to be slandered and called names," he said in August.
15 January 09:46
Eskom's former chief executive officer, Brian Molefe, is expected to appear before the commission of inquiry into state capture on Friday morning.
This comes after the inquiry had planned to hear testimony from Eskom's former CFO, Anoj Singh, earlier in the week. But his appearance was stalled by a procedural blunder, after the inquiry's legal team issued Singh with a summons based on a non-existing affidavit.