Beleaguered former Eskom CEO Brian Molefe’s appeal against the court ruling that declared his pension payout and reinstatement as unlawful is a tactic to buy time, according to trade union Solidarity. Solidarity said Molefe was trying to prolong his deadline for having to pay back close to R11m that was paid to him by Eskom as part of the R30.1m unlawful early retirement settlement. On Wednesday, Molefe lodged the appeal against the decision made by a full bench at the High Court in Pretoria last Thursday. The court ruled that he had to pay back the money within 10 days, and ordered him to settle the legal costs of the applicants in the matter, Solidarity and the DA. Molefe argued that the court was wrong to have directed him to repay the money because he had more than R4m transferred to the Eskom Pension and Provident Fund (EPPF) from the Transnet Provident Fund when he joined the scheme. "The full court erred in granting the declaration that any payment or some of the money receiv...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.